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Sam Bankman-Fried, once a dominant figure in the world of cryptocurrencies and now imprisoned for fraud, has applied for a pardon from US President Donald Trump. The 34-year-old former billionaire was handed a 25-year sentence after being convicted of multiple federal charges relating to FTX, the cr

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The Financial Reporting Council (FRC) has launched an investigation into PwC's audit of WHSmith, after the accountancy firm signed off accounts later found to have overstated the retailer's revenues and profits. The probe relates to the FTSE 250 retailer's accounts for the financial year ending 2024

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Scottish GDP growth is expected to slow to 0.8% in 2026, down from 1.4% in 2025, as pressures from a new energy price shock push up inflation, weigh on spending and lead to potential further tightening, according to KPMG UK’s latest European Economic Outlook. Scotland’s growth rate point

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HMRC has more than doubled the funding available to organisations that help taxpayers needing extra support, pledging over £11 million through the latest round of its Voluntary and Community Sector Grant Funding Scheme. From today (8 June), voluntary and community sector organisations can bid

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Regulated firms across the financial services sector face renewed scrutiny over misleading online content, as the Financial Conduct Authority (FCA) cracks down on two fronts – deceptive car finance claims adverts and inauthentic customer reviews.

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