News

Simon Allison looks at common issues for employers during the coronavirus outbreak such as whether an employer can lay off staff and what happens if they are forced to close their premises. Lay-off/short time working clauseIn the unlikely event that your employees have a “lay off” or sho

Accountants across Scotland have welcomed the postponement announcement by the Treasury of the introduction of IR35 tax changes on off-payroll working. The decision is part of the wider government measures designed to support the economy in light of the coronavirus. It is not to be considered a canc

The Royal Bank of Scotland has announced that Yasmin Jetha will be appointed as a non-executive director at the group on 1st April 2020 as Alison Davis steps down at the end of March. Ms Jetha will succeed Ms Davis as chairman of the technology and innovation centre and will also become a member of

Aberdeen Standard Investments (ASI) has announced that dealing has been suspended in its  £1.7 billion UK Real Estate Fund and £1.1 billion Aberdeen UK Property Fund. The company said that as with the other property fund suspensions announced over the last 24 hours, “the suspe

Edinburgh-based technology company ePOS Hybrid has smashed its crowdfunding targets by 60% after raising £400,000. ePOS Hybrid, which surpassed its target just half way through the campaign, went on to enjoy continued successes with another 89 backers coming on board in the final stages of the

The Scottish Chambers of Commerce (SCC) has said that the additional support measures announced by Chancellor Rishi Sunak are essential if businesses are to survive the COVID-19 outbreak.

Poor weather across Scotland has decreased retail demand in Scotland, according to the Scottish Retail Consortium and KPMG Scottish Retail Sales Monitor for February 2020.

Jamie Daniels, director of investment management at Blackadders, provides information on the latest changes in the economic market amid the current coronavirus outbreak. The Covid-19 outbreak is rapidly evolving as we speak and changing on a daily basis, if not hourly!

In collaboration with 19 firms from its international Preferred Firm Network, Burges Salmon has published an interactive report on the regulatory treatment of cryptoassets in jurisdictions throughout the UK and EU. Burges Salmon’s Fintech team has teamed up with Tier One law firms across its P

Scotland's economy grew by 0.2% during the fourth quarter of 2019, covering the period October to December. Change in gross domestic product (GDP) is the main indicator of economic growth. Over the year, compared to the fourth quarter of 2018, the economy has grown by 0.7%. In 2019 the economy

Scottish fintech Giftround is changing the fee structure of its group gifting collection service to help those in most need during the coronavirus outbreak. From today, GiftRound will be adding a small fee of £1 to every contribution made into a group gifting collection. And every £

Drinks giant Diageo announced a suite of measures yesterday to help support the British drinks trade as it faces unprecedented challenges from the impact of the COVID-19 crisis.

Loganair has today announced a further drop in the number of flights due to the increasing impact of the coronavirus. With forward bookings continuing to fall dramatically versus their previous levels, the airline has enacted an overall reduction of over half of its flying program for April and

Guidance on how to arrange and conduct AGMs in light of Covid-19 has been published by The Chartered Governance Institute (ICSA) in conjunction with the Financial Reporting Council (FRC) and Slaughter & May.  Paul George, FRC executive director of corporate governance and reporting, sa

Nationwide has announced that it is trialling new branch opening times during the coronavirus outbreak so that elderly and vulnerable people can manage their money in a safe environment with a dedicated hour each morning. From Wednesday, March 18, more than 100 branches across the UK will open from