New rules from the Financial Conduct Authority (FCA) to protect access to cash have come into force and are already having a positive impact in local communities. Since the rules were confirmed in July, LINK, which manages the UK’s cash access and ATM network, has reassessed the needs of local
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Which? is urging the Financial Conduct Authority (FCA) to crack down on insurers charging excessive interest rates for monthly premium payments. A new investigation by the consumer group reveals some providers are charging APRs as high as 45%, with an average of over 20% across both car and home ins
The Financial Conduct Authority (FCA) has charged Mr Olumide Osunkoya, who is 45 and resides in London, for unlawfully running multiple crypto ATMs without FCA registration. Crypto ATMs are machines that allow you to buy or convert money into cryptoassets.
Deloitte has decided to reintroduce in-person interviews for its UK graduate scheme, responding to concerns from the Financial Reporting Council (FRC) over online cheating. The Big Four firm will return to face-to-face interviews from September for graduate and apprenticeship programmes.
STV Group has announced a strong financial performance for the first half of 2024, with total revenue up 20% to £90.4 million and adjusted operating profit up 33% to £10.6m. The company attributes this growth to its successful Studios investment strategy, an improving advertising market,
Company directors are being urged to avoid engaging rogue unlicensed insolvency advisors or risk severe financial penalties, being struck off as a director or at worst, a prison sentence, an accountancy firm has warned. "It is very concerning that some directors are engaging the services of unlicens
New data from the Office for National Statistics (ONS) has revealed how families coped with financial pressures in 2022-23. The period was marked by the lingering effects of Covid-19, the Ukraine war's impact on energy prices, persistent inflation, and rising interest rates. Despite facing these cha
In what marks the first time the Financial Conduct Authority (FCA) has fined an audit firm, the regulator has issued PwC a £15 million penalty for failing to report suspicions of fraud at now-defunct London Capital & Finance (LCF).
The Financial Conduct Authority (FCA) has censured the auditor Macintyre Hudson LLP (MHA) for failing to prepare client assets reports to the required standard.
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.
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.
