News

Glasgow-based fintech Soar has secured £200,000 of the prize pot in the Affordable Credit Challenge. The Affordable Credit Challenge is a government-backed competition which was set up to help financially disadvantaged people.

The impact of the COVID-19 outbreak has forced HSBC to delay its restructuring plans announced earlier this year.

Loganair has announced further reductions in its flight schedules over the coming weeks, consistent with the Government’s efforts to contain the spread of the COVID-19 virus. A skeleton schedule of essential air services will operate within Scotland, to and from the Isle of Man

Ralph Lauren is the latest designer brand to offer help during the global coronavirus pandemic, as it announced it would start making medical masks and isolation gowns.

The administrator's bill for the insolvency of Ferguson Marine Engineering has reached £1.2 million. 

The Royal Bank of Scotland has announced that it will not be insisting on personal guarantees to issue government-backed emergency loans to business owners, whilst banks across the UK face criticisms for implementing such procedures. 

Directors across the UK are asking the government for a temporary indemnity which allows them to keep technically insolvent firms in operation during the coronavirus pandemic without fear of legal action. Under current legislation, company boards can be sued for failing to wind up a company if it is

Edinburgh-based Dunedin Enterprise Investment Trust (PLC) has increased its final dividend share from 2p to 5p despite the global economic worries over the COVID-19 pandemic. The firm also issued a 25p payout in June last year.

The Royal Bank of Scotland issued a letter to MPs yesterday outlining its support for customers during the current COVID-19 lockdown. The measures include fee-free loans and overdrafts. Alongside its £500 million working capital support fund, RBS said that it has launched emergency fee-free lo

Richard Godden, partner and member of Blackadders' dispute resolution team, details whether businesses still have to carry out their contracts during the coronavirus lock down. The current COVID-19 pandemic has turned everything upside down. Every day the situation alters, and the only constant is t

Property owners are shifting from short to long term letting as coronavirus hits holiday lets, according to DJ Alexander. The property management company has first-hand evidence of Airbnb owners moving their properties away from holiday letting to long term letting as the tourist market collapses.

A total of 20,620 stores are expected to remain closed permanently in the wake of the coronavirus outbreak, according to new estimates from the Centre for Retail Research (CRR).

The coronavirus outbreak has already led to a sharp economic downturn in Scotland; one that will undoubtedly change the shape of our economy in the long-run, according to the Fraser of Allander Institute.

In response to the current COVID-19 situation, the Financial Conduct Authority (FRC), Financial Reporting Council (FRC) and Prudential Regulation Authority (PRA) are today announcing a series of actions to ensure information continues to flow to investors and support the continued functioning of the

Edinburgh-based Frontier IP has bought a 29% equity stake in AquaInSilico Lda, which is developing software tools to optimise wastewater treatment across many different industries. AquaInSilico, a spin-out from Portugal's NOVA University, NOVA School of Science and Technology has developed sophistic