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Royal Bank of Scotland owner NatWest has announced a new cost of living support package for personal customers and community partners.

Typical household disposable incomes for working-age families are on track to fall by 3% this financial year, and by 4% next year, with the two-year cost-of-living squeeze set to leave families £2,100 worse off and only the very richest households seeing their incomes rise, according to new re

CFOs see bank borrowing and debt issuance as less attractive sources of finance now than at any time since the financial crisis, according to Deloitte’s UK CFO Survey, Q4 2022. As a result of this demand for credit is well below average levels and flagging with CFOs, with only 28% saying they

As Scottish Financial News publishes the last edition of 2022 today, we round up what has caught the attention of our readers over the last 12 months.

Highlands and Islands Enterprise (HIE) has approved more than £1.9 million in investments across Argyll and the Islands in the first half of the 2022 financial year. Between 1 April and 30 September, Arran Aromatics was awarded up to £80,226 for the development of a new filling line. Mor

Deloitte and audit engagement partner Simon Manning have been fined nearly £1 million for failings regarding the statutory audits of SIG plc's 2015 and 2016 financial statements. The Financial Reporting Council (FRC) has issued a final settlement decision notice under the audit enforcemen

CCL Logistics & Technology has announced it is on track for record revenue in the current financial year and expects to complete two acquisitions in 2023. CCL, which employs 110 people across the UK, is forecasting approximately 20% revenue growth as sales are set to hit around £35 million

The Financial Conduct Authority (FCA) has fined Metro Bank PLC £10 million for breaching the listing rules by publishing incorrect information to investors.

Adele MacLeod, Gavin Park and Robert Harding of Teneo Financial Advisory Limited were appointed joint administrators of M&Co Trading Limited on 9 December 2022. This is the second time the business has entered administration. Scottish Financial News reported on M&Co's first adminis

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