News

A Scottish pharmacist has become one of the youngest pharmacy directors in the country to own a chain of stores following a loan from Unity Trust Bank. Mark Feeney, has worked his way up from employee to owner of A G Bannerman Ltd after originally serving his ‘Pre-Reg’ pharmacist placeme

RICS has called on the Scottish government for clarity on when the house buying and selling process can restart as it suggested house prices will be 4% lower when the market reopens.

Results from the latest  ACCA UK and The Corporate Finance Network’s (CFN) SME Health Tracker have found that 61% of firms that made enquiries for the Coronavirus Business Interruption Loan Scheme (CBILS) are still awaiting a response, with just 4% progressed

Ann Frances Cooney, legal director at Addleshaw Goddard, has warned that employers looking to take advantage of the UK government’s plans to extend the furlough scheme to October should do so with a degree of caution.  Ms Cooney, who has specialised in employment law for over a decad

Insurance market Lloyd's of London has said that it expects coronavirus-related claims to cost it between £2.5 billion and £3.5bn, marking biggest payout since the 11 September 2001 attacks in the USA.

The Financial Conduct Authority (FCA) is confirming a series of temporary measures today to help customers who hold insurance and premium finance products and who may be in financial difficulty because of coronavirus. Following a short consultation, the targeted measures being implemented require fi

Despite the disruption caused by the coronavirus outbreak, UK Agricultural Finance (UKAF) has continued lending and has had a regular flow of loans completing.

A pair of stilettos worn by Amy Winehouse and handwritten lyrics by Bono are among the most sought-after items in an auction being run by Island Records to help raise funds for charities during the coronavirus outbreak.

Chartered accountants Wylie & Bisset have outlined how Scots facing financial hardship as a consequence of the coronavirus pandemic look set to benefit from the country’s second emergency coronavirus bill. The Coronavirus (Scotland) (No.2) Bill seeks to raise the minimum debt thr

An unprecedented level of financial stability attained by Scottish football clubs has been wiped out by the coronavirus pandemic pushing many teams to the "brink of insolvency" according to a report published by Begbies Traynor.  Scottish football club finances had gained unprecedented sta

The bosses of the famous Old Course have lost a legal battle over the rights to the name St Andrews. 

Edinburgh-based Modulr, the digital alternative to commercial and wholesale transaction banking, has secured £18.9 million in growth capital to further develop its platform and expand into new products and markets. The funding round was led by Highland Europe, a European Growth Capital fi

Donald McKinnon, managing partner at Wylie & Bisset chartered accountants, participates in our Just a Minute feature. Name:

Rakkaus Furniture Ltd, a Kilmarnock-based commercial furniture provider, is one of the first businesses to benefit from the Coronavirus Business Interruption Loan Scheme (CBILS) through Virgin Money-owned Clydesdale Bank. CBILS is a UK Government initiative facilitated by participating banks to

Andrew Phillips, solicitor advocate at Jones Whyte, explores the potential abuses of the coronavirus furlough scheme and issues a note of caution for businesses looking to utilise the scheme. In their recent COVID-19 update, the Serious Fraud Office (SFO) sought to assure us that they will cont