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The Financial Conduct Authority (FCA) is seeking compensation orders in favour of investors in respect of losses they have suffered in the First Park Limited's Park First scheme as it begins its proceedings against the company. The FCA has started the proceeding against the company's senior managers

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A former senior banker at Credit Suisse has admitted accepting a staggering $45 million in bribes related to Mozambican government debt deals.

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PwC has appointed Glasgow-based Drew Stevenson as energy leader and David Lewis as tax partner specialising in energy. Mr Stevenson, who succeeds Alan McCrae, has more than 25 years’ experience of deals and transaction services across a wide range of industries and global territories

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The number of Scottish businesses in 'critical' distress is markedly higher than in the rest of the UK, new data from Begbies Traynor reveals. The Red Flag Alert report carried out by the insolvency specialist revealed that the number of Scottish businesses in such a sate has risen by 32% compared w

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Housebuilder Barratt Developments has moved to reassure investors it has the “resilience and flexibility” required to deal with the potential effects of Brexit.  Issuing a trading update for the 15-week period from 1 July to 13 October yesterday, the FTSE 100 developer said it compl

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Jessops has filed a notice of intention to appoint Resolve as administrators, indicating the prospect of store closures. The camera chain currently has four branches in Scotland and a total of 46 across the UK.

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