Work and Pensions Secretary Amber Rudd MP has quit her Cabinet role and her Conservative Party membership in protest at the expulsion of 21 MPs from the party.

Tenet has completed its first practice buyout in Scotland, with the acquisition of Forth Financial Services Limited, based in Haddington, near Edinburgh.

New research from Close Brothers has revealed the state of financial wellbeing of the UK’s millennials, with 87% admitting that money worries affect them while they are at work. 

HMRC has fined a London firm a record £7.8m as part of a crackdown on money laundering.

XPS Pensions Group (XPS) has appointed Harry Harper as head of risk transfer, the firm has revealed.

The St James’s Place Academy has celebrated its 500th graduate successfully completing the firm’s in-house training programme.

Charles Randell, chair of the FCA, has today announced the appointment of Marlene Shiels, chief executive of Capital Credit Union, as chair of the FCA’s Smaller Business Practitioner Panel.

Fintech firm Defaqto has extended the capability of its end-to-end Financial Planning software with the addition of MiFID II portfolio cost analysis ability.

SIPP provider Curtis Banks Group has revealed increased profits and assets in its interim results for the six months to 30 June.

Wealth management group Tilney, which manages more than £25bn of assets, is expanding its Financial Planning team in Cambridge with two new hires.