News

A third of Scottish business owners who shut down operations during the coronavirus outbreak fear their firm may never re-open, according to a major new survey from the Federation of Small Businesses (FSB). On the back of the research, the small business campaign group is calling for sustained gover

People across Scotland are starting to focus on managing their long-term finances as the COVID-19 lockdown continues as well as contemplating how they will withstand the economic fallout of the crisis, according to financial advisory firm Carrington Dean.  This is according to a national survey

Glasgow-based McCrea Financial Services has appointed Grant Sneddon to its advisory team with him taking up the new role of independent financial adviser.  Mr Sneddon joins McCreas from Policy Services / Virtue Money where he served as a financial adviser. Prior to that, he held senior position

Small firms in the UK have received £8.4 billion through the UK Government's "bounce back" loans scheme since the loans were launched last week

The Association of British Insurers (ABI) has welcomed today’s government announcement that it intends to develop a government-backed temporary reinsurance scheme to help businesses recover from the impacts of coronavirus. The scheme could help speed up the economic recovery, ensuring the cont

The UK economy has contracted at its sharpest rate since the global financial crisis in the first quarter of the year thanks to the outbreak of the coronavirus.

The Financial Reporting Council (FRC) is encouraging firms to make use of the extension announced by the Financial Conduct Authority (FCA) to the deadline for publication of audited annual financial reports from four to six months from the end of the financial year. The body said that companies

Properties occupied by charities can now apply for the £10,000 Small Business Grant Scheme to help with pressures caused by the coronavirus pandemic, the Scottish Government has announced.

A manuscript featuring handwritten lyrics penned by Bob Marley has been sold at auction for £37,500 - more than double the pre-sale estimate.

Renfrewshire-based waste management firm WEEE Solutions has secured a £200,000 CBILS funding package from Royal Bank of Scotland which will be used to help the business stay afloat during the coronavirus pandemic. Specialising in uplifting and processing waste electrical and electron

Dundee-based Red Kite Oilfield Services, a company providing crucial radial cutting torch services to the oil and gas industry in the North Sea, has secured vital funds to navigate the coronavirus lockdown and recovery, thanks to a £100,000 Coronavirus Business Interruption Loan (CBIL) from Ba

A total of 429 jobs are at risk at the National Trust for Scotland (NTS) as the organisation struggles during the coronavirus pandemic. 

Chartered accountants Wylie & Bisset has revealed that many GP practices are adopting digital book-keeping systems to access and ensure the timely delivery of accounts during and beyond the coronavirus health crisis. While GP practices receive additional funding from health boards to help them c

ESPC agents have reported that some buyers are choosing to submit an offer after viewing a property virtually.

The Association of Chartered Certified Accountants (ACCA) has called for its members to champion the ethical standards and sustainable business practices that will build organisations that deliver more than shareholder profit. Its new report, Accountants, Purpose and Sustainable Organisations,&