Search: financial focus

The Financial Conduct Authority (FCA) has urged firms to prepare for the UK’s new regulatory regime, warning that crypto-investors will not have access to the Financial Services Compensation Scheme (FSCS) for their digital asset investments. Val Smith, the FCA’s head of authorisations, p

The UK association for restructuring, turnaround and insolvency professionals has welcomed the Insolvency Service's new five-year strategy promising to crack down on abusive business practices and resolve insolvencies faster. Chief executive of R3, Caroline Summers, said the group welcomed the focus

Life insurer and asset manager Aegon has increased its planned second-half share buyback program after recording an operating result of €804m in the first half of 2026. Aegon announced on the same day as its results that chief financial officer Duncan Russell would step down and leave the compa

Specialist international reinsurance broker Willis Re has agreed to buy BMS Groups' US reinsurance division. The broker is hoping the deal will allow it to sharpen the focus of its global reinsurance business as it snaps up BMS Re US, BMS Intermediaries, BMS Capital Advisory and its reinsurance brok

Continuum founder Martin Brown has announced he will retire and step down from his role as managing partner at Continuum at the end of August after more than a decade leading the firm. Mr Brown, who has spent more than 30 years in the advice sector, founded Continuum in 2014 with a vision to create

Professional services firm EY and a partner at the company have been fined nearly £1.2 million over failures linked to its audit of an online furniture retailer. The Financial Reporting Council (FRC) handed out a £1.197m sanction after the company breached audit rules while dealing with

The FinTech Scotland Festival is to return for its ninth year, with in-person and online events across the central belt of Scotland taking place from 30 September to 7 October 2026.

Glasgow-based electrical contractor BGL Contracts Limited has entered administration, resulting in the loss of all 40 jobs after facing mounting financial pressures. The firm, which has operated for almost 20 years, appointed Interpath managing directors Alistair McAlinden and Geoff Jacobs as joint

Revolut is preparing to significantly expand its investment services in the UK after securing a fresh set of permissions from the Financial Conduct Authority.

A new report offers an in‑depth analysis of how investors, developers and advisers are navigating the next phase of the global shift toward net zero. Drawing on research conducted in collaboration with Infralogic, with 100 UK‑based senior executives, financial sponsors, developers and general co

Scottish Building Society has revealed that the number of mortgages offered to new homeowners has more than doubled compared with the previous year, reflecting a strategic focus on helping people onto the property ladder. The release of its annual results follows a series of industry accolades, incl

Richard Bathgate, restructuring partner and licensed insolvency practitioner at Johnston Carmichael LLP, has been appointed interim liquidator of Centurion Plumbing Services (Scotland) Ltd. The company, which operated depots in Muir of Ord and Elgin, ceased trading on 31 March 2026 due to significan

Blackwood Homes & Care has appointed Jenni Fairbairn as its new permanent director of finance & business services. Ms Fairbairn, currently working as a business specialist for South of Scotland Enterprise, and previously in senior finance roles at CHAS and Viewpoint Housing, will be joining

Deloitte’s latest survey of UK chief financial officers (CFOs), conducted between 16 and 30 March 2026, shows confidence among the UK’s largest businesses has fallen to a six-year low. CFO confidence fell to a net -57%, from -13% in the previous quarter, with concerns around energy price

The Financial Conduct Authority (FCA) announced late yesterday afternoon how their redress scheme arising from commission paid by motor finance lenders to car dealers will operate. Andrew Foyle has the details. The choice to make the announcement after the financial markets had closed mirrored the S