Search: financial focus

KPMG been slammed in yet another audit case and fined £6 million by the Financial Reporting Council which has also "severely reprimanded" the so-called 'Big Four' firm. The accountancy regulator also ordered the firm to undertake an internal review over the way it audited insurance compan

Kate Forbes, Minister for Public Finance and Digital Economy has visited the Edinburgh headquarters of Scottish finTech firm Origo, the company responsible for a number of critical tech-based services for the financial services sector. Ms Forbes met with Origo managing director Anthony Raf

New analysis from independent wealth management company Succession Wealth has revealed that as many as 550 UK couples each with net financial wealth of £1 million or more, will divorce this year. It estimates that collectively they have around £1.91 billion of net wealth, or £

New research by KPMG has revealed that at a time when competition for talent is fierce, 65 per cent of the UK’s population would not consider taking a role in financial services, with the main reason being the perception that it is boring, and more than two out of five of those who do enter th

Mike Bruce, chief executive at Weslo Housing Management suggests an alternative headline for Scottish Financial News, and offers an informative look at the question of board remuneration in the process. Reading the recent article in which Kelly Adams of RSM considers the question of p

The number of unemployed people in Scotland has fallen to a new record low following the first three months of this year, according to official figures that have also revealed UK pay growth has reached its fastest rate since the financial crisis. The Office for National Statistics (ONS) said the job

Goldman Sachs International (GSI) has been fined £34,344,700 by the Financial Conduct Authority (FCA) for failing to provide accurate and timely reporting relating to 220.2 million transaction reports between November 2007 and March 2017. The City watchdog found that GSI failed to ensure it pr

Dame Jayne-Anne Gadhia, the former chief executive of Virgin Money, has had her appointment to the financial policy committee of the Bank of England pushed back for a year after The Treasury was forced into a postponement to avoid “conflicts of interest”. Dame Jayne-Anne, 57, had been du

With HMRC set to crackdown on tax owed through controversial loan schemes, ACCA is urging contractors and self-employed workers enrolled to seek financial advice from a chartered certified accountant. It stems from government legislation in 2016, which applied a tax charge on outstanding balances &n

Scottish accountants and financial advisers French Duncan are today highlighting the fact that the most significant changes to insolvency working practices in Scotland in over 30 years are to come into force in just four weeks when they are introduced on 6th April. The new rules are the In

The Housing team at law firm Harper Macleod has seen the overall tally for Scottish housing association funding deals it has advised on in the current financial year approach the £500 million mark after the latest investments were announced. Led by partner Derek Hogg, one of Sco

Scottish businesses are being warned to prepare for the VAT implications of a no deal Brexit, according to accountants and financial advisers French Duncan. Letters from HMRC are currently being issued telling firms about the changes which will affect all businesses which are VAT registered and whic

Accountants and financial advisers French Duncan has warned Scottish businesses to prepare for the VAT implications of a no-deal Brexit. Letters from HMRC are currently being issued telling firms about the changes which will affect all businesses which are VAT registered and which currently import a

Johnston Carmichael Wealth, the financial planning arm of accountancy and advisory firm Johnston Carmichael, has announced the appointment of Ross Leckridge as associate director.

Grant Thornton has launched a new charity partnership in Scotland in a bid to help tackle a condition dubbed ‘Scotland’s silent killer’. The leading business and financial advisor is aiming to raise thousands for the charity Sepsis Research (FEAT) through fundraising drives and emp