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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.

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