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Chancellor Rishi Sunak has announced support measures for those who are self-employed and hit by the coronavirus outbreak. Mr Sunak announced, if they have suffered a loss in income, a taxable grant will be paid to the self-employed or partnerships, worth 80% of their profits up to a cap of £2

To help home movers impacted by coronavirus, mortgage providers will give customers who have exchanged contracts the option to extend their mortgage offer for up to three months to enable them to move at a later date, UK Finance has announced.

Sir John Vickers, former chairman of the Independent Commission on Banking, has called upon the Bank of England to block more than £7.5 billion of dividends to be paid out by banks. The call, adds to the mounting pressure on the bank's governor, Andrew Bailey, to force banks to scrap payout pl

STV has announced that it has suspended its planned dividend of 14.7p per share and embarked on a cost-cutting mission to ensure that it remains "financially resilient" amid the COVID-19 crisis. The broadcaster issued a trading update yesterday which said that it would suspend its final dividend for

The Royal Bank of Scotland has converted its Edinburgh headquarters in Gogarburn into a distribution centre to supply food and hygiene products to the Trussell Trust food banks and Social Bite. The Scotsman and Royal Bank of Scotland are issuing a call for businesses to donate any non-perishable foo

Kirstie Ann Duncan, HND Legal Services student at City Of Glasgow College, has won the prestigious F&C Investment Trust Prize. Ms Duncan is the Scotland winner of the F&C Investment Trust Prize which aims to showcase students' financial knowledge by offering inventive ways to close the UK's

Glasgow-based fintech Soar has secured £200,000 of the prize pot in the Affordable Credit Challenge. The Affordable Credit Challenge is a government-backed competition which was set up to help financially disadvantaged people.

The impact of the COVID-19 outbreak has forced HSBC to delay its restructuring plans announced earlier this year.

Loganair has announced further reductions in its flight schedules over the coming weeks, consistent with the Government’s efforts to contain the spread of the COVID-19 virus. A skeleton schedule of essential air services will operate within Scotland, to and from the Isle of Man

Ralph Lauren is the latest designer brand to offer help during the global coronavirus pandemic, as it announced it would start making medical masks and isolation gowns.

The administrator's bill for the insolvency of Ferguson Marine Engineering has reached £1.2 million. 

The Royal Bank of Scotland has announced that it will not be insisting on personal guarantees to issue government-backed emergency loans to business owners, whilst banks across the UK face criticisms for implementing such procedures. 

Directors across the UK are asking the government for a temporary indemnity which allows them to keep technically insolvent firms in operation during the coronavirus pandemic without fear of legal action. Under current legislation, company boards can be sued for failing to wind up a company if it is

Edinburgh-based Dunedin Enterprise Investment Trust (PLC) has increased its final dividend share from 2p to 5p despite the global economic worries over the COVID-19 pandemic. The firm also issued a 25p payout in June last year.

The Royal Bank of Scotland issued a letter to MPs yesterday outlining its support for customers during the current COVID-19 lockdown. The measures include fee-free loans and overdrafts. Alongside its £500 million working capital support fund, RBS said that it has launched emergency fee-free lo