News

Nationwide has reported that house prices in the UK rebounded 1.7% month-on-month in July after declines of 1.6% in June and 1.7% in May. The Nationwide House Price Index found that the year-on-year change in house prices moved back into positive territory in July, rising 1.5%, this followed a dip o

Edinburgh-based PR firm Muckle Media has announced a number of innovative support programmes, including a £20,000 PR grant fund to help businesses use PR and marketing to support economic survival. The £20,000 Muckle Helps grant is a 100% free pot of PR fee funding, which opened for appl

Goldman Sachs CEO David Solomon DJ'd at a party in the Hamptons which is now under investigation for flouting health guidelines.

The majority of Scottish firms say they plan to make redundancies once the UK Government's furlough scheme comes to an end, according to Addleshaw Goddard's latest survey of Scottish companies. The Addleshaw Goddard Scottish Business Monitor, produced in partnership with the Fraser of

Two new funding packages from the Scottish Government worth £15 million will support the tourism sector as it continues to feel the impacts of the coronavirus (COVID-19) pandemic. A £14 million Hotel Recovery Programme will help to secure up to 3,000 jobs at Scotland’s larger hotel

Armadilla Ltd, a family-run design and manufacturing business in Midlothian, is set to benefit from the global staycation market as it emerges from the lockdown with a growing order book for its innovative, luxury, eco-friendly accommodation pods.

Major retail property owner Legal & General has changed its leasing model from one of long-term leases to flexible terms that see rent linked to store performance. The financial services group is implementing the model across its £4.5 billion UK portfolio.

The Uist Distilling Company is planning to open a £6.5 million new distillery on the island of Benbecula.

Lloyds Banking Group, the owner of Bank of Scotland, has posted a £602 million pre-tax loss for the first half of this year, as the bank set aside £2.4 billion for bad loans. António Horta-Osório, chief executive of Lloyds, said that the coronavirus pandemic had a "profound

The coronavirus pandemic means government spending has increased immensely, with the IMF calculating it to be a staggering $9 trillion. For ACCA, the World Bank and IFAC, the concern is that public sector fiscal commitment and interventions are not being captured accurately by governments

New figures published today by LINK, the UK’s main cash machine network, shows that ATM usage is increasing since the early days of lockdown. 

UK car manufacturing output has declined -42.8% in the first half of the year, marking the lowest decline in the industry since 1954.

A record 527,000 UK businesses were in significant financial distress at the end of June 2020 thanks to seven consecutive quarters of increased financial impairment, according to the latest Red Flag Alert research by Begbies Traynor.

A man who bought a Lamborghini and other luxury items after receiving almost $4 million in coronavirus loans has been charged with fraud.

This latest blog considers life from the perspective of SMEs and OMBs working to exit from lockdown. Much of the subject matter to date has focused on how to manage the massive uncertainties caused byCOVID-19. Hopefully, the duration and on-going impact of lockdown are beginning to clear as we move