The Financial Reporting Council (FRC) has fined Big Four accountancy firm EY £320,000 for breaching the cap on fees it can earn from providing consultancy services to an audit client.
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CB Payments Limited (CBPL) has been fined £3,503,546 by the Financial Conduct Authority (FCA) for repeatedly breaching a requirement that prevented the firm from offering services to high-risk customers. CBPL is part of the Coinbase Group, which operates a prominent cryptoasset trading platfor
Highlands and Islands Enterprise (HIE) has reported that its support for Moray businesses and communities in the last financial year will lead to the creation or retention of over 100 jobs. The agency's outturns for 2023/24 were achieved through a combination of financial and non-financial intervent
TLT has announced another year of strong financial results with 12% year-on-year increase in turnover for 2023/2024. Annual revenue at the firm is up to £174 million from £157m in 2022/2023. Results for 2023/2024 were recorded over an 11-month period and subsequently annualised after TL
EV infrastructure supplier FOR EV has further expanded its team with the appointment of Graham Neill as chief financial officer. Supporting businesses in their transition to electric fleets through its bespoke ‘FOR Fleets’ proposition, FOR EV is paving the way for sustainable change acro
The Financial Conduct Authority (FCA) has told financial firms – including banks, payment firms and lenders – to do more to ensure parliamentarians, senior public servants and their families are not treated unfairly.
Sue Dawe has been appointed chair of Scottish Financial Enterprise (SFE), becoming the first female chair in the organisation’s 38-year history. Joining the member body for financial and related professional services in Scotland with immediate effect, Ms Dawe brings over 35 years’ e
The Payments Systems Regulator (PSR) and Financial Conduct Authority (FCA) have launched a joint call for views on the impact to people and businesses of digital wallets, such as Apple Pay, Google Pay, and PayPal. With over half of UK adults now using digital wallets, the regulators are keen to
Brodies LLP has reported its fourteenth consecutive year of growth, posting revenue of £114.3 million. In the financial year to 30 April 2024, the firm saw revenue grow by just over 7.5%, from £106.25m the previous year. Operating profit also increased from £48.6m to £49.2m,
The Financial Conduct Authority (FCA) has published new exchange listing rules setting out a simplified listings regime with a single category and streamlined eligibility for those companies seeking to list their shares in the UK.
Robertson Group has appointment Irene Wilson as chief financial officer and Colin Mitchell as group finance director. Ms Wilson has been with Robertson Group for 20 years, most recently holding the position of group finance director, while Mr Mitchell has been with the business for almost six years
Scottish Financial Enterprise has welcomed the newly elected Labour government, following its landslide victory of over 400 seats in the general election.
ScottishPower has appointed Charles Langan as its new chief financial officer and Nicola Connelly as chief executive of SP Energy Networks. Both are established leaders within ScottishPower with Mr Langan previously holding senior finance roles in the UK and Spain, notably managing the Iberdrola Gro
Burness Paull has reported strong results for its financial year ended 31 March 2024 – a shortened eight-month reporting period following the firm’s decision to change its year-end following HMRC’s basis period reforms. Turnover for the eight months was £60.1 million and prof
The Financial Conduct Authority (FCA) has come under fire for spending nearly £90,000 on a "brand refresh", a move criticised by City figures as a "total waste of money".
