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The Financial Reporting Council (FRC) has today opened an investigation under the Audit Enforcement Procedure in relation to KPMG’s audit of the financial statements of collapsed construction and services firm Carillion.

The number of people moving home in Scotland is at its highest level since the financial crash of 2008.

Douglas McCrea Glasgow firm McCrea Financial Services has this week announced plans for a significant increase in its staff numbers and a move into larger office facilities after client numbers surged past 1,000.

Experts throughout the financial sector have this morning heavily criticised the UK Government following the collapse of British construction and services giant Carillion which has been plunged into liquidation with more than £1.5 billion of debt and a pension shortfall of over half a billion poun

David Bremner A Glasgow-based chartered financial planning company has completed a management buy out, supported by Clydesdale Bank.

Glen Reynolds North-east councillors say they plan to buy shares in Royal Bank of Scotland in order to attend the financial giant’s AGM and directly question its chief executive over plans to close two local branches as their campaign to save them heats up.

Police Scotland has confirmed it is making enquiries into allegations of financial irregularities at the Royal Incorporation of Architects in Scotland (RIAS).

Doreen Baley Independent financial advisers Central Investment has further strengthened its team with the appointment of Doreen Baley.

Caroline Gardner The Scottish Government needs to increase the transparency of its financial reporting on non-domestic rates, says the Auditor General.

Steven Cameron New research from Edinburgh-based Aegon UK has revealed the top three challenges facing financial advisers’ clients are understanding all the options available for them to invest their money, how to create a retirement income, and saving for retirement.

Luke Scanlon New EU and UK legislation could revolutionise the way consumers share personal financial data, compare products and manage their money, say lawyers Pinsent Masons.

The billionaire CEO of a brokerage giant has warned that the Bitcoin craze could lead to a financial crisis similar to 2008. Thomas Peterffy, CEO of Interactive Brokers, told Fortune that he relayed his concerns to the US commodities regulator, who is unable to intervene.

Ronnie Hinds Councils are showing increasing signs of financial stress and face even tougher challenges ahead, and three authorities could use up their cash reserves within three years, the Accounts Commission has warned.

Steven Cameron Three in four (78 per cent) financial advisers are confident that robo-advice offers no threat to their business, according to Aegon’s Technology in the Financial Advice Market report.

Liz Field PIMFA, the trade association for the personal investment management and financial advice sector in the UK, has become the latest organisations to sign HM Treasury’s Women in Finance Charter.