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The Financial Reporting Council (FRC) has highlighted the step change in the increased use of technology in the audit industry to improve the efficiency and quality of audits.

A lawyer has been left with a £350,000 bill after losing a legal battle with his sisters over the estate of their late father, an esteemed judge.

Banks are increasing the cost of personal loans and overdrafts as millions of people plunge into financial difficulty because of the coronavirus pandemic.

Perth-based bus company Stagecoach has increased its efforts to mitigate the impact of the coronavirus pandemic on their businesses with its directors giving up 50% of their pay for an unspecified period of time.

UK pensions have been hit by the economic problems stemming from the coronavirus outbreak, as around 7.5 million low and moderate earners in Britain have lost between 13% and 18% of their pension savings since the coronavirus crisis began. The National Employment Savings Trust (NEST) - default

IHS Markit/CIPS Flash UK PMI has signalled a record slump in business activity amid emergency public health measures to halt spread of coronavirus.

A survey by Aberdeen Standard Investments (ASI) has found that ESG (Environmental, Social and Governance) engagement in private equity firms is increasing. Results showed continued strong ESG engagement across Europe and an improvement in quality from Asia Pacific (APAC). Private Equity firms are cl

Edinburgh-based financial services company Nucleus Financial Group has announced that it will defer the publication of its audited results for the year ended 31 December 2019 on 24 March 2020 following the Financial Conduct Authority's (FCA) request for delay issued yesterday.  Yester

Kirsty Paton, tax specialist from the entrepreneurial tax team at accountants Chiene + Tait, discusses how Advanced Subscription Agreements (ASA) could save the day for company investors amid the coronavirus uncertainty. The tax relief offered through the UK Government’s Enterprise Investment

Karen Thomson, payroll partner at Armstrong Watson, has detailed the key facts surrounding the update to IR35 'Off Payroll Working' announced by the British Government as part of the coronavirus measures. HMRC introduced IR35 in 2000 with the main aim of combating tax avoidance. It was believed that

The spending limit for contactless card payments will be increased from £30 to £45, with a national roll-out beginning from 1 April 2020, UK Finance has announced.

The Financial Conduct Authority (FCA) has said that it is working with international counterparts in the US, EU and elsewhere so that markets can remain open and orderly, and so they can continue to perform their essential role in supporting businesses, governments, jobs and the broader economy. Whi

Nic Storonsky, chief executive of Revolut, has refuted rumours that the fintech is facing financial difficulties in the wake of the coronavirus outbreak. As worries spread over the impact of COVID-19 on stock markets, banks and businesses, Revolut has reassured customers that rumours of its demise a

Clydesdale and Yorkshire Bank, owned by Virgin Money UK, is one of the accredited lenders participating in the Coronavirus Business Interruption Loan Scheme, being delivered by the British Business Bank, to support the continued provision of finance to SMEs during the COVID-19 outbreak. This provide

The European business Peer-to-Peer lending industry is expected to reach $6.5 billion in value this year.