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EY UK staff have been told to prepare for cost-cutting initiatives and a wave of job losses following the collapse of its ambitious break-up plan.

A project that seeks to accelerate the development of Clyde Metro has been agreed between Glasgow City Council and the UK Infrastructure Bank (UKIB).

Carlos Abarca, former chief information officer (CIO) at TSB Bank, has been personally fined £81,620 in an unusual move by the Bank of England's Prudential Regulation Authority (PRA) for inadequately managing an IT migration that led to massive disruptions for millions of customers.

Rising inflation is putting pressure on over-50s life insurance customers to carry on paying their monthly premiums, research has revealed.

Despite a decline in profits due to increased energy costs, iomart Group has said it expects to report record revenues of £115 million in its June full-year financial results. In its latest trading update, the Scottish cloud computing firm estimated adjusted EBITDA to be at £36.2m, and a

Bankruptcy papers have revealed that FTX's accounting standards were so lax that employees submitted business expenses and invoices via Slack, where they were rubber-stamped by a flurry of emojis.

Johnston Carmichael, the firm auditing the SNP's finances, has resigned after working with the party for over a decade.

Over three-quarters (77%) of people in Scotland believe they do not have enough in their pension pots to retire comfortably, according to a survey conducted by RBC Brewin Dolphin. On average, Scots think they need £478,000 in their pension pot and an annual income of £33,000 for a comfor

Fraser of Allander Institute has forecast a -0.7% contraction in the Scottish economy in 2023, returning to 0.9% annual growth in 2024. Uncertainties have increased due to concerns in global financial system and persistently high inflation. Lack of clarity on annual impacts on Scottish Budget and UK

The Edinburgh Tax Network, in conjunction with CIOT and Terra Firma Chambers, will present a seminar on tax covenants and warranties at the Mackenzie Building, Old Assembly Close, Edinburgh on Thursday 27th April 2023. At this event, Christine Yuill and Nicola Williams of Burness Paull wil

More than half of consumers surveyed for PwC Research’s latest Cost of Living Tracker have said they don’t have confidence that the policies announced in last week’s Budget will have a positive impact on their personal financial situation.

Big four firm PwC has said it is reviewing its hiring and training procedures to accommodate recent school leavers and graduates affected by the lockdown and missed out on taking exams under normal conditions due to Covid.

In a move that will save millions per year, asset manager abrdn has decided to leave its head office in Edinburgh's St Andrew Square due to the increase of hybrid working at the firm.

Edinburgh-headquartered private bank Hampden & Co has appointed John Glanville as a banking director in its London office. He will report to Mark Prentice, head of banking, and will work alongside the banking teams in Edinburgh and London.

Azets has appointed Graeme Dreghorn, specialist in strategic wealth management, as a new director responsible for growing Azets Wealth Management in Scotland. Mr Dreghorn has gained extensive wealth management experience during a near 20-year career with blue-chip banking and financial businesses su