Search: financial focus

Tenants and private sector landlords facing financial difficulties caused by the pandemic have more time to access support after two loan schemes were extended by the Scottish Government. The Tenant Hardship Loan Fund and the Private Rent Sector Landlord (non-business) COVID-19 Loan Scheme, both of

The UK Government must continue to be focused on ensuring the success of UK fintech, according to the newly released Kalifa Review of Fintech.

The Executive Counsel of the Financial Reporting Council (FRC) has imposed sanctions against KPMG and Mr Michael Neil Frankish in relation to their audits of Revolution Bars Group Plc for the financial years ended 30 June 2015 and the 53 weeks ended 2 July 2016. Mr Frankish performed the role of Aud

A focus on reporting on the impact of stewardship activities is the best way to demonstrate the effectiveness of investment goals, according to a leading global accountancy body. Responding to the Financial Reporting Council’s (FRC) draft UK Stewardship Code 2026, ACCA (the Association of Char

Accountancy and business advisory firm Johnston Carmichael has published its annual results for the financial year ending 31 May 2021, showing growth despite the challenges of the pandemic. Compared with the previous financial year when profitability was adversely impacted by COVID, turnover rose by

Ewen Stevenson, the chief financial officer of HSBC will donate the first year of his pay increase to charity, according to the bank's annual results.  Mr Stevenson is set to receive a £147,000 pay rise, increasing his base salary to almost £1.1 million. HSBC's annual results state

Accountants and business & financial advisers Armstrong Watson LLP have announced that Karen Thomson, director of group payroll services, has been promoted to the role of partner and becomes only the second known payroll partner of an accountancy firm in the whole of the UK. Ms Thomson has

FNZ, the global financial services technology firm which employs over 300 people in its Edinburgh office, is to expand its global graduate programme as it looks to attract new talent to drive its strategy for growth. The fintech giant, which employs more than 1,500 people around the world, has recen

Scotgold Resources, the gold exploration and production company focused on Scotland, has appointed industry veterans Sean Duffy and Evan Spencer to its board. Sean Duffy joins as chief financial offer, while Evan Spencer will take up the role of non-executive director and chairman of the technical c

Paul Scullion, senior associate in the corporate financial team at Burness Paull, discusses government support for early-stage and high-growth businesses. A recurring theme in response to the various coronavirus-related financial support measures announced by the UK and Scottish Governments thus far

The Financial Conduct Authority (FCA) has chosen four companies – Monee Financial Technologies, ReStabilise, Revolut and VVTX – to test how their stablecoin services work with proposed regulation in a safe environment. The Regulatory Sandbox programme allows firms to trial stablecoin pro

Public sector financial leadership has to navigate a complex and high stakes environment markedly different from a decade ago. In a research paper ACCA (the Association of Chartered Certified Accountants) sets outs five key principles driving finance professionals in leadership roles.

The Financial Conduct Authority (FCA) is proposing streamlining the rules on the types of funds investment firms must hold to absorb losses and maintain financial resilience during periods of stress. The proposals do not change the rules about how much capital firms must hold but focus on simplifyin

The Financial Reporting Council (FRC) has launched an investigation into EY's audits of the Post Office for the financial years 2015 to 2018. The probe stems from the ongoing fallout of the Horizon IT scandal, which saw hundreds of sub-postmasters wrongfully convicted based on faulty software data.

The Financial Conduct Authority (FCA) has revealed plans to significantly expand its regional presence, aiming to double the headcount across its Edinburgh and Leeds operations to over 1,000 staff within five years. This expansion supports the regulator's new five-year strategy focused on deepening