News

The Association of Personal Injury Lawyers (APIL) and the Association of British Insurers (ABI) have agreed a new approach to the handling of personal injury cases in the Scottish courts under the current COVID-19 situation. The position relates to cases where limitation would possibly be an issue i

The Prince’s Trust and RBS owner NatWest have announced the launch of a £5 million fund to help young entrepreneurs across the UK to keep their businesses afloat during the coronavirus crisis. The Prince’s Trust and Royal Bank of Scotland Enterprise Relief Fund is available to entr

The Royal Mint is the latest in a line of companies swapping their production to create medical supplies for the NHS during the coronavirus pandemic, as it announced it would manufacture thousands of visors for the NHS frontline staff.

Three new partners will take up their roles at tax and business advisory firm, EQ Accountants LLP on 1 April 2020, bringing the total number of partners in the Firm to 17. At a time when all businesses are finding economic conditions as difficult as they have ever been, it is important to remember t

Edinburgh-based Sigma Capital Group has appointed Michael McGill as its new chief financial officer and posted its interim results. Mr McGill's appointment takes immediate effect. As well as taking executive responsibility for the overall financial management of the group and its subsidiaries, he wi

The Financial Conduct Authority (FCA) has called for lenders to offer a temporary payment freeze on loans and credit cards for up to three months for consumers facing financial difficulties as a result of coronavirus. The watchdog has also called for arranged overdrafts up to £500 to be charge

Wemyss House, the well-known office building in the heart of Edinburgh, has traded in a deal worth more than £5 million. The building, which is located at 6-8 Wemyss Place and faces onto Queens Street Gardens in Edinburgh’s historic New Town, has been purchased by an Austrian private fam

Glasgow-managed commercial landlord Regional REIT has announced that it will maintain its Q4 dividend despite the coronavirus crisis. The regional real estate investment specialist has confirmed that its dividend for Q4 2019 of 2.55 pence per share, declared on 27 February 2020,

Results from the British Chamber of Commerce's (BCC) first COVID-19 Business Impact Tracker paint a concerning if unsurprising picture for business communities affected by coronavirus, as almost two-thirds of UK businesses reported that they only have three months of cash reserves available.  T

The Financial Reporting Council (FRC) has imposed sanctions against KPMG, ordering the audit firm to pay £700,000 for audit quality breaches. The watchdog has imposed the sanctions against KPMG and Nicola Quayle, the former senior partner for KPMG's Manchester office, in relation to the statut

Annual house price growth marginally increased just before the coronavirus pandemic struck the UK, according to the latest Nationwide House Price Index.

Banks across the UK have seen their share prices drop as they were forced to freeze dividend payments and share buybacks after the Bank of England's Prudential Regulation Authority (PRA) called for the dividends to be suspended.

A cyclist from New Zealand needed the help of a rescue helicopter after he and five friends were cycling the length of the country to raise money for rescue helicopters.

Chartered accountancy and business advisory firm Anderson Anderson & Brown (AAB) has bolstered its team of directors with three new appointments. AAB has promoted three members of staff to the position of director with the aim of further augmenting their team of expert and trusted advisors durin

Britain's mortgage lenders have dramatically increased their loan-to-value deposits for house purchases with Halifax and Barclays among those seeking 40% down-payments to fund buyers amid rising expectations of a housing crash.