News

A local authority has become the first in Scotland to adopt a “radical” economic model to plot a way forward now and post COVID-19.

TSB has published new figures on how many customers it has helped in Scotland using remote communication channels which allow customers to bank from the safety of their own homes. Overall, 12,207 customers in Scotland have used Smart Agent, the new online chat service.  Since the outbreak

Bank of Scotland showcased the dedication of its key worker colleagues, who continue to support customers during the coronavirus crisis with the launch of a new advert yesterday. The advert, filmed by colleagues over the last fortnight and featuring TV star comedian Susan Calman, highlights the supp

NatWest has launched a video game to help children develop money management skills.

The Federation of Small Businesses (FSB) in Scotland has highlighted that figures released by the Scottish Government have revealed that the volume of cash reaching firms is slowing further than already highlighted last week. The Scottish Government has released figures

UK firms are ready for a gradual reopening of the economy but will need continued, adaptable government support during a phased return to work, according to the latest British Chambers of Commerce (BCC) Coronavirus Business Impact Tracker.

In the video below, Lauren McIlroy and Robbie Gordon of Anderson Anderson and Brown (AAB) explains how having a Virtual Finance Function (VFF) in your business can reduce overheads, increase profits and improve decision-making.

A round-up of business news from across Scotland featuring: Royal Dornock Golf Club's delayed construction plans, Reactec's new social distancing solution, an East Neuk fisherman's new business launch, WL Gore's staffing success, Wemyss Properties' new Glasgow flats approval and Good-

A Scottish pharmacist has become one of the youngest pharmacy directors in the country to own a chain of stores following a loan from Unity Trust Bank. Mark Feeney, has worked his way up from employee to owner of A G Bannerman Ltd after originally serving his ‘Pre-Reg’ pharmacist placeme

RICS has called on the Scottish government for clarity on when the house buying and selling process can restart as it suggested house prices will be 4% lower when the market reopens.

Results from the latest  ACCA UK and The Corporate Finance Network’s (CFN) SME Health Tracker have found that 61% of firms that made enquiries for the Coronavirus Business Interruption Loan Scheme (CBILS) are still awaiting a response, with just 4% progressed

Ann Frances Cooney, legal director at Addleshaw Goddard, has warned that employers looking to take advantage of the UK government’s plans to extend the furlough scheme to October should do so with a degree of caution.  Ms Cooney, who has specialised in employment law for over a decad

Insurance market Lloyd's of London has said that it expects coronavirus-related claims to cost it between £2.5 billion and £3.5bn, marking biggest payout since the 11 September 2001 attacks in the USA.

The Financial Conduct Authority (FCA) is confirming a series of temporary measures today to help customers who hold insurance and premium finance products and who may be in financial difficulty because of coronavirus. Following a short consultation, the targeted measures being implemented require fi

Despite the disruption caused by the coronavirus outbreak, UK Agricultural Finance (UKAF) has continued lending and has had a regular flow of loans completing.