News

In the wake of the coronavirus outbreak, the number of UK companies in financial distress has surpassed half a million.

Shepherd and Wedderburn’s private client team has been accredited as a Gold Employer Partner by Society of Trust and Estate Practitioners (STEP) in recognition of the firm’s supportive organisational learning culture. The team, which supports clients across the firm’s four UK offic

In an effort to help the current situation for the self employed, Heather Self, partner at accounting and tax advisory firm Blick Rothenberg has made a number of suggestions which Government could embrace. It’s a difficult time for those who are self-employed and believe that they ha

TSB has today announced it will ensure that all of its smallest suppliers will be paid within just 10 days of invoicing the bank. The move will apply to all companies that supply goods and services to the bank, even if the contract allows it to pay over a longer period.

Chancellor Rishi Sunak's announcement that the UK Government will pay the wages of employees unable to work due to the COVID-19 outbreak has been roundly welcomed. The chancellor said that the government will pay 80% of salary for staff who are kept on by their employer, covering wages of up to &pou

Scottish tech start-up Udrafter is offering a helping hand to businesses and students battling through the coronavirus crisis. The platform, dubbed the home of micro-internships, allows companies to engage students looking for paid, career-relevant work experience on a range of projects.

GreenOre Gold, a company searching for gold in the rural areas of Scotland, is searching for investors to back a £600,000 crowdfunding campaign to accelerate its plans for a site near Gairloch in Wester Ross. Led by Gavin Berkenheger, an Aberdeen University geology graduate, GreenOre Gold's ex

BrewDog has begun producing and distributing hand sanitiser at its Aberdeenshire distillery amid shortages.

The Bank of England has announced a second cut to interest rates amid a series of measures in response to the coronavirus pandemic. The Bank's Monetary Policy Committee (MPC) has voted to bring the interest rate to 0.1%, down from 0.25%, the lowest rate in its history and the second cut in just over

The UK government's proposed Coronavirus Business Interruption Loan Scheme is "flawed" and does not address "fundamental issues", a corporate financial and business consultancy firm has said. Bristol-based Shaw & Co said the scheme is a step in the right direction but will protect only a fractio

Glasgow-based Russell & Russell has become the first accountancy and business advisory firm in Scotland to graduate from the Royal Bank of Scotland’s Accelerator programme for entrepreneurs. Managing director Stuart Clark and director Rosslyn McMaster joined their local Accelerator hub las

Summix Capital has been planning permission by the City of Edinburgh Council for the development of a new office project in the heart of the Old Town.

Qualified accountant Stewart MacLeod has been appointed as a member of the Gaelic language body Bòrd na Gàidhlig. Mr MacLeod is from the Isle of Lewis and attended school in Stornoway. He studied English language and Literature at the University of Aberdeen and obtained a PhD researchi

Shepherd and Wedderburn has established a COVID-19 advisory group, which draws relevant, specialist expertise from across the firm to support clients with informed, pragmatic legal advice on the unprecedented challenges posed by the global pandemic. The group comprises specialists who are leaders in

Edinburgh-based online booking and business management software provider Appointedd has announced that it will offer its services for free to small business customers struggling in wake of the coronavirus crisis. The company, whose staff have been working remotely since last Wednesday, offers smart