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The UK’s accounting regulator, the Financial Reporting Council (FRC), has opened an investigation into EY regarding its 2024 audit of energy giant Shell. This marks the third instance this year that the Big Four firm has been targeted regarding potentially unauthorised auditors signing off on

Global management and technology consultancy Capco, part of Indian multinational Wipro, has appointed Zoe Hodge as a new partner focused on driving the continued growth of its insurance and wealth & asset management practices in the UK. Based in Scotland, Ms Hodge brings extensive experience in

The International Monetary Fund and the Bank of England have become the latest major financial institutions to warn that the global stock market is at risk of a significant correction should investor enthusiasm for artificial intelligence cool. Speaking ahead of the IMF's annual meetings, chief Kris

Freeths has announced record financial results for the year ending 31 March 2025. Turnover rose by 14.8% to £166.8 million, an increase of £21.5m compared to the previous year and overall profit climbed to £59.4m, an increase of 13% from the previous year.

Specialty pharmaceuticals business Kelso Pharma has appointed Alan King as its next chief financial officer as it announces the retirement of founding director and CFO Allan Watson. Apposite Capital-backed Kelso Pharma is focused on bringing innovative, value-added, specialty medicines to internatio

The Financial Reporting Council (FRC) has reported that the UK's largest accounting firms do not formally monitor how artificial intelligence affects the quality of their audits. In a review published on Thursday, the watchdog noted that while the Big Four firms – Deloitte, EY, KPMG, and PwC &

Despite the uncertainty and volatility of the financial year to March 2025, Scotland’s angel investors maintained their support for Scotland’s emerging high-potential SMEs, according to the latest annual data from Angel Capital Scotland.  Figures from Scotland’s national assoc

The Financial Regulation Innovation Lab (FRIL), operating from Glasgow City Region, is making significant strides in responsible financial innovation as a key component of the UK government's Innovation Accelerator (IA) programme. Led by FinTech Scotland in partnership with the Universities of Strat

Andrew Hannay, a highly respected independent financial advisor in Edinburgh, has retired after more than three decades of service.

The Financial Reporting Council (FRC) has released updated guidance on the Going Concern Basis of Accounting and Related Reporting, including Solvency and Liquidity Risks.

The leader of Scotland’s financial technology industry organisation has been recognised by Edinburgh Napier University (ENU) for his role in shaping the banking and financial services sector. Stephen Ingledew was presented with an honorary doctorate at the Usher Hall in Edinburgh during a grad

HNH has appointed William Lawrence as assistant manager in its expanding Scottish team to support deal execution, as the firm of financial advisers expects that up to four more deals will be completed this calendar year. That will double the tally of deals for the financial year as partner Neal Alle

Pinsent Masons has appointed Edinburgh-based partners Julia Maguire and John Maciver as global sector heads of energy and financial services, respectively. Ms Maguire, previously head of client relationships in the energy sector, takes on the global sector head role for energy, while Mr Maciver, for

Risk control and assurance software and services provider STC INSISO has appointed Steve Mitchell as its new chief financial officer, following significant corporate expansion and a £2 million investment from BGF earlier this year. Mr. Mitchell’s responsibilities will include ensuring th

Edinburgh-based Nucleus Financial Platforms, an independent adviser platform in the UK, has secured all the requisite regulatory approvals for its acquisition of the Curtis Banks Group.