Yael Selfin, KPMG UK's chief economist, highlights how the UK needs to rethink the future of its cities in light of the current coronavirus pandemic. Recessions are usually a catalyst for change and the sharp economic downturn triggered by COVID-19 is bound to turn some things around. One of t
Opinion
Duncan Raggett, insolvency practitioner and head of the restructuring and recovery team at Anderson Anderson & Brown (AAB) discusses the issues and options firms should be considering in preparation for life after lockdown. The impact of COVID-19 on the economy is likely to be long-lasting.
Probably the most challenging task when reopening or increasing activity is predicting the level of customer demand. The ideal would match staff, production and operations to demand to preserve working capital and cash. This is difficult enough in normal times.
Michael Reid, managing partner at Aberdeen-based Meston Reid & Co, discusses the suspension of wrongful trading. When the temporary suspension of wrongful trading rules for company directors was announced, the UK government commented that it was designed to help business owners combat the f
Jacqueline Rédarès, senior associate and health & safety specialist at law firm CMS, urges businesses to begin planning safe workplaces for after lockdown. Many of Scotland’s businesses are beginning to see the first signs of light at the end of the tunnel as we slowly emerge
Aurelija Buckute, paraplanner at Mearns & Company, highlights the four characteristics of a good financial plan. There is a difference between having a financial plan and having a good financial plan. A good plan has a better chance of achieving the desired results and therefore provides pe
Graeme Allan, chief executive of Anderson Anderson & Brown, reflects on the changes and challenges currently experienced as a result of the coronavirus crisis and considers what's next as we plan ahead for the 'next normal'. As a business leader or owner, you’re likely to find your days no
Ian McMonagle, tax director at Russell & Russell chartered accountants and chartered tax advisors, participates in our Just a Minute feature. Name:
David Shadwell, accounts and business support partner at accountants Chiene + Tait, recently returned to the UK after spending nine years in Wellington, New Zealand. He details the lessons Scottish businesses can learn from New Zealand as we begin the process of coming out of lockdown. Before r
Stewart Pennington, partner at Johnston Carmichael, has urged Scottish food and drink businesses to review suitable options to avoid closing for good amid the coronavirus pandemic. As businesses in England begin to get back to work, the future remains uncertain for Scottish firms.
Alan McIntosh explains why it is "vital" that the amendments proposed by Jackie Baillie MSP to the latest coronavirus bill are implemented. The role of the Scottish Government in this crisis is to protect its citizens, and as we move through this COVID-19 crisis and diverge from the rest of the
Donald McKinnon, managing partner at Wylie & Bisset chartered accountants, participates in our Just a Minute feature. Name:
Andrew Phillips, solicitor advocate at Jones Whyte, explores the potential abuses of the coronavirus furlough scheme and issues a note of caution for businesses looking to utilise the scheme. In their recent COVID-19 update, the Serious Fraud Office (SFO) sought to assure us that they will cont
Donald MacKinnon, group legal director at employment law and HR firm Law At Work, advises on the steps businesses can take to limit losing staff and lays out the considerations which must be made if employers are forced into the last resort. The announcement by British Airways that it will cut