News



Property owners shift from short to long term letting, says DJ Alexander

Property owners are shifting from short to long term letting as coronavirus hits holiday lets, according to DJ Alexander.

Published 26 March 2020

Over 20,000 stores expected to remain closed after coronavirus crisis

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).

Published 26 March 2020

Coronavirus will 'undoubtedly' alter shape of Scottish economy, says Fraser of Allander Institute

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.

Published 26 March 2020

Corporate reporting rules relaxed: FCA, FRC and PRA announcement in light of coronavirus outbreak

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 UK’s capital markets.

Published 26 March 2020

Frontier IP takes 29% stake in AquaInSilico

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.

Published 26 March 2020

Gilson Gray launches emergency hotline for coronavirus advice

Legal, finance and property firm Gilson Gray has created an emergency hotline for all queries and issues relating to the COVID-19 pandemic.

Published 26 March 2020

FSB: Self-employed play a key role in every community in Scotland

Figures released by the Federation of Small Businesses (FSB) in Scotland show that there are thousands of self-employed people in every Scottish local authority area that could require income support during the coronavirus outbreak.  

Published 26 March 2020

CIOT welcomes change which will make it easier to produce more hand sanitiser

The Chartered Institute of Taxation (CIOT) has welcomed the easing of a tax rule which should lead to the production of more hand sanitizers to deal with the outbreak of COVID-19.

Published 26 March 2020

ONS: Retail sales fell in February for fourth consecutive month 

In the three months to February 2020, the quantity bought in retail sales fell for the fourth consecutive month by 0.6%, according to the latest Office for National Statistics (ONS) Retail Sales data.

Published 26 March 2020

FRC issues revised standards for investment reporting

The Financial Reporting Council (FRC) has today issued revised Standards for Investment Reporting (SIRs) 1000-5000, and a new SIR 6000 dealing with reports on Quantified Financial Benefits Statements (QFBSs) published in accordance with the City Code.

Published 26 March 2020

And finally... not so fast food

In the aftermath of the closure of McDonald's restaurants across the UK, people have taken to eBay to sell McDonald's menu items.

Published 26 March 2020

KPMG appointed administrators of Remnant Kings

KPMG has been appointed as administrators of Glasgow-based fabric and soft-furnishing company Remnant Kings Central Limited.

Published 25 March 2020

Broker Insights appoints Stephen Smith as insurer account manager

Dundee-based Broker Insights, an independent searchable platform connecting insurers and brokers, has appointed Stephen Smith as insurer account manager.  

Published 25 March 2020

£1 billion business support fund opens

The Scottish Government has launched a £1 billion business support fund meaning businesses can now apply for grants to help them deal with the impact of the coronavirus outbreak.

Published 25 March 2020

BoE launches liquidity plan to ensure lenders have enough money

The Bank of England has launched its emergency liquidity scheme to make sure banks have enough cash, as it warned that immediate disruption from the pandemic could be more severe than its banking stress tests.

Published 25 March 2020