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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.

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Edinburgh-based coach tour operator Timberbush Tours has marked its 25th anniversary by rolling out a £4 million coach replacement programme, as the company’s founder urges the Scottish and UK governments to offer more support for the coach industry’s transition to zero emission co

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The Financial Reporting Council (FRC) has handed out a fine of £1.3 million to KPMG and its former employee Stuart Peter James Smith for audit failings, after it concluded its investigation into the statutory audit of Luceco Plc's financial statements for the financial year ended 31

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