News



Diageo launches £4m recovery fund for Scottish pubs and bars

Whisky giant Diageo has announced that it will be allocating £4 million of funding for pubs and bars in Scotland as part of a global initiative to help the hospitality sector recover from the coronavirus crisis. 

Published 24 June 2020

BDO: Business leaders in Scotland call for tax change

Business leaders in Scotland have called for the government to replace Business Rates with an online sales tax similar to Digital Services Tax, according to a new poll conducted by accountancy and advisory firm BDO LLP.

Published 24 June 2020

Scheme offering dowries to SMEs for RBS account switch extended

A scheme aimed at encouraging SMEs to switch from Royal Bank of Scotland to other lenders has been extended to help struggling firms during the coronavirus pandemic.

Published 24 June 2020

Fraser of Allander Institute: Scotland facing deepest recession in living memory

The Scottish economy is now in its deepest recession in living memory, according to the latest Economic Commentary by the Fraser of Allander Institute at the University of Strathclyde.

Published 24 June 2020

Aberdeen Standard Investments launches new responsible investment fund

Aberdeen Standard Investments (ASI) has launched a new fund which seeks to generate strong long-term performance by allocating capital to companies which demonstrate strong management of their environmental, social and governance (ESG) risks and opportunities.

Published 24 June 2020

New finance confirmed for Lochaber community hydropower scheme

The development of a high-head (142m) hydropower scheme on the Barr River near Loch Teacuis in Lochaber has secured a new finance arrangement from Triodos Bank UK and the Scottish Investment Bank.

Published 24 June 2020

Lloyds: Consumer confidence edges back as non-essential spending improved in May

Spending on non-essential items improved in May signalling an increase in consumer confidence, according to the latest data from Lloyds Bank.

Published 24 June 2020

FCA launches pensions value for money consultation

The Financial Conduct Authority (FCA) has launched a consultation on proposals that are designed to promote value for money for the members of workplace personal pension schemes.

Published 24 June 2020

BBC Scotland to cut 60 jobs in £6.2m savings move

Around 60 jobs are to be cut at BBC Scotland as the broadcaster moves to save £6.2 million this financial year.

Published 24 June 2020

And finally… chip on her shoulder

A woman who married her husband while she worked in his chip-shop has been awarded a divorce settlement just shy of £4 million.

Published 24 June 2020

Douglas Home & Co introduce new COVID-19 resilience plan

Kelso-based accountancy firm Douglas Home & Co has developed a new coronavirus resilience scheme to help businesses manage the impact of COVID-19.

Published 23 June 2020

Scottish football clubs to receive £50,000 funding from SPFL Trust

The Scottish Professional Football League Trust (SPFL) has announced that all 42 of its clubs will receive £50,000 from its COVID-19 Crisis Fund.

Published 23 June 2020

Scottish Financial Enterprise chief Graeme Jones to retire at end of 2020

Graeme Jones, the chief executive of Scottish Financial Enterprise (SFE), has announced that he will be retiring from the role at the end of this year, following five years at the helm of the representative body.

Published 23 June 2020

RBS hosts free learning sessions for Scottish businesses coping with COVID-19

Royal Bank of Scotland is hosting a Q&A webinar with business experts to help Scottish SMEs prepare for the easing of lockdown restrictions and the challenges coronavirus has created.

Published 23 June 2020