Search: financial focus

Santander UK Plc (Santander) has been fined £107,793,300 after the Financial Conduct Authority (FCA) found serious and persistent gaps in its anti-money laundering (AML) controls, affecting its business banking customers. According to the FCA report, between 31 December 2012 and 18 Octobe

The UK’s largest listed companies generated £81.5 billion in tax during the 2021/22 financial year despite lockdowns and ongoing social distancing measures throughout much of 2021, according to a new study. The 18th annual Total Tax Contribution of the 100 Group, produced by PwC, estimat

The Low Incomes Tax Reform Group (LITRG) warns that thousands of businesses are at risk of facing financial penalties if they do not act to comply with the new reporting regime. The warming comes after HMRC has begun automatically signing up VAT-registered businesses to its new Making Tax Digital (M

The Financial Reporting Council (FRC) has announced new supervision measures to support smaller audit firms seeking to grow their share of the audit market without compromising audit quality. Tier 2 and tier 3 firms audit a minority of listed companies and other public interest entities (PIEs) withi

AAB Wealth has appointed Tom La Dell as a Chartered Financial Planner based in Leeds, expanding its operations in the North of England. As part of the tech-enabled business critical services group, AAB, AAB Wealth covers all aspects of personal finance, pension savings and retirement planning.

In a five part series for Scottish Financial News this week, BTO partner Cat MacLean tells the story of an epic legal battle with the Clydesdale Bank. She explains the reality of litigating against a huge opponent with bottomless pockets, the cost and funding of litigation and the need to find

David Hossack gives insight into the role mediation will play in the developing economic climate. For a business in the throes of a commercial dispute, the financial strain of legal action is bound to weigh heavy, and so where possible, most will want to avoid a dispute ending in litigation.

In a five part series for Scottish Financial News this week, BTO partner Cat MacLean tells the story of an epic legal battle with the Clydesdale Bank. She explains the reality of litigating against a huge opponent with bottomless pockets, the cost and funding of litigation and the need to find

In a five part series for Scottish Financial News this week, BTO partner Cat MacLean tells the story of an epic legal battle with the Clydesdale Bank. She explains the reality of litigating against a huge opponent with bottomless pockets, the cost and funding of litigation and the need to find

In a five part series for Scottish Financial News this week, BTO partner Cat MacLean tells the story of an epic legal battle with the Clydesdale Bank. She explains the reality of litigating against a huge opponent with bottomless pockets, the cost and funding of litigation and the need to find

Johnston Carmichael’s Wealth team has achieved two accolades after being named both the top financial adviser in the FTAdviser’s annual ranking of the top 100 financial advisors and placed within the top 100 of Citywire’s New Model Adviser (NMA) ranking. The industry recognition fo

In a five part series for Scottish Financial News this week, BTO partner Cat MacLean tells the story of an epic legal battle with the Clydesdale Bank. She explains the reality of litigating against a huge opponent with bottomless pockets, the cost and funding of litigation and the need to find

Over £18 billion worth of Russian assets have been frozen as a result of UK sanctions, according to the first official figures. The figures have been published by the Office of Financial Sanctions Implementation (OFSI) in its first annual review since Russia's invasion of Ukraine, which led to

Amid the rising cost of living facing the UK, women are less likely to contact their financial services providers for advice than men according to new research from Deloitte. A survey of over 3,000 UK consumers conducted in August 2022 found that more than three-quarters of women (72%) did not conta

Young Enterprise (YE) Scotland has appointed two young entrepreneurs as its newest ambassadors in its drive to promote enterprise and financial education in Scotland’s schools. Karis Gill, co-founder of Social Stories Club, and Craig Johnstone, the founder of Giglets (a company first conceived