News

Deloitte is planning to reduce its UK audit workforce by nearly 200 positions, marking the latest round of job cuts among the UK's major accounting firms. The company has introduced voluntary redundancy packages for certain employees due to unusually low staff turnover within its audit division. Whe

Henderson Loggie has welcomed the UK Government’s decision to allow small companies and micro‑entities to opt out of publishing their profit and loss accounts on the public Companies House register from April 2028, a move the firm says validates the concerns it raised earlier this year about

Aviva has received approval from the Financial Conduct Authority (FCA) to provide targeted support to customers. The service, which will launch from summer 2026, is designed to help people make financial decisions through personalised guidance and recommendations, without requiring full financial ad

The government plans to review the rules around Flexible Apportionment Arrangements (FAAs) after a major pension deal involving the Stagecoach Group Pension Scheme (SGPS).

The UK Consumer Price Index (CPI) held steady in May, rising by 0.2%, the same rate as in May 2025. 

A lightsaber used by Mark Hamill in Star Wars: Episode V – The Empire Strikes Back is anticipated to sell for at least $1 million at an upcoming auction.

EY has appointed ten new Partners in Scotland, demonstrating its continued commitment to the local market with significant further investments in talent and its office real estate. The new partner appointments follow a sustained period of investment in EY’s Scotland practice over the last year

Multrees Investor Services – the provider of custody, investment administration, and platform services for wealth managers, private banks, and family offices – has reported revenue growth for its most recent financial year, supported by continued demand from firms seeking scalable infras

The Financial Reporting Council (FRC) has published reforms to its Audit Enforcement Procedure (AEP), modernising its regulatory toolkit. The announcement forms part of the FRC’s broader move to a more integrated, end-to-end regulatory approach, aligning supervisory, investigatory and enforcem

The amount of money people invest when they first open an Individual Savings Account (ISA) has jumped by 84% in a year, according to proprietary data from Scottish Friendly. The modern mutual’s data shows that opening values have been steadily increasing over the last four quarters, data for Q

A sister painting of Sir Edwin Landseer's Monarch of the Glen is expected to sell for £4 million when it goes up for auction next month. 

Focus Financial has appointed professional footballer Peter Pawlett as a trainee financial adviser, marking the beginning of an exciting new chapter in his professional career. Well known for his successful football career, including more than a decade in the professional game with Aberdeen FC from

Aveni, a Scottish AI fintech, has revealed that Nationwide Building Society has become the first organisation to deploy FinLLM in a live environment outside of Aveni’s core product suite. Nationwide is the UK’s largest building society and is currently testing Aveni’s FinLLM across

UK Finance’s latest Annual Fraud Report shows its members reported that criminals stole £1.28 billion through payment fraud in 2025, an increase of four per cent. This demonstrates how fraud continues to operate on an industrial scale and is a national security threat.

Scottish Financial Enterprise (SFE) – in partnership with Royal Bank of Scotland, Financial Inclusion for Scotland and the Money and Pensions Service - has launched a new pilot programme, with the support of the FCA, aimed at improving young people’s access to bank accounts and strengthe