Seven Scottish hotels have closed down after a major UK travel firm Specialist Leisure Group fell into administration. An estimated 2,500 jobs have been lost and 64,000 bookings have been cancelled with the collapse of the firm.
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Michael Reid, managing partner at Aberdeen-based Meston Reid & Co, discusses the suspension of wrongful trading. When the temporary suspension of wrongful trading rules for company directors was announced, the UK government commented that it was designed to help business owners combat the f
A portfolio of some of Glasgow’s best-known and most historic office and retail buildings will become greener as Dunaskin Properties has secured a £30 million funding package from Bank of Scotland. Dunaskin Properties secured the funding against ten of its city centre propertie
Edinburgh-based private bank and wealth management company Adam & Company has appointed Andy Hall as financial planning director. Mr Hall joins from Barclays Wealth Management, where he was director of wealth planning for Scotland and Northern Ireland.
Marcus Paine, head of Scottish Borders-based quarrying firm Hutton Stone, says he’s already looking at life after lockdown – but fears uncertainty over cashflow could leave many SMEs like his family business between a rock and a hard place. The businessman has spent 26 years building up
The Inverurie Dental Practice, which operates two clinics in Inverurie and Kintore, has secured a vital funding package from Barclays to navigate the coronavirus lockdown and recovery, including a £50,000 loan through the Bounce Back Loan Scheme.
Perth-based insurance broker and risk adviser Marsh Commercial has appointed Chris Brophy as its new development leader for the firm's Edinburgh and Glasgow operators. Mr Brophy who will become the new developer leader for the firm's central regions joins from Barclay's business banking division whe
Jacqueline Rédarès, senior associate and health & safety specialist at law firm CMS, urges businesses to begin planning safe workplaces for after lockdown. Many of Scotland’s businesses are beginning to see the first signs of light at the end of the tunnel as we slowly emerge
One in five Royal Bank of Scotland mortgage customers is receiving a three-month payment holiday.
Lawrie IP, an independent Scottish intellectual property firm based in Glasgow, has grown its total turnover to £2.6 million from £2.2m in the last year. Dr Donald Lawrie launched Lawrie IP in 2010 and it has expanded steadily with a big increase in turnover of almost 200% in the la
Stirling-based charity Africa on the Ball has launched a fundraising campaign aiming to raise £8,500 to help fight coronavirus in Africa. The charity's own fundraising football team Glasgow on the Ball is trying to raise £8,500 by the end of May to fight coronavirus in Zambia by running
ESPC has highlighted how the Scottish property market might move forward after the coronavirus lockdown measures have been eased.
Andrew Findlay, the finance director at easyJet, is to step down from the company in May next year.
The majority of financial services workers are anticipating spending more time working from home even after the coronavirus lockdown measures are lifted, according to a new survey by Deloitte.
The Financial Conduct Authority (FCA) has launched a consultation on additional guidance for payments firms to strengthen the way in which they look after customers’ money. The payments sector is a priority area for the FCA and the consultation follows ongoing work to ensure payments firms are