Lenders have provided over 1.2 million mortgage payment holidays to households whose finances have been impacted by COVID-19, UK Finance has revealed.
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Professor Peter Watson, legal adviser to the COVID-19 panel of scientific and medical experts convened by the Scottish Police Federation, details why the UK needs an exit strategy for the COVID-19 lockdown measures. A journey of a thousand miles is said to begin with a single step. I suggest a journ
The Association of British Insurers (ABI) is warning people to be on their guard against scammers looking to cash in on the financial hardship that coronavirus is causing for many families and firms. Fraudsters could offer bogus insurance products and high-risk investment and pension products. Attem
UK Finance has published comprehensive guidance for self-isolating financial services customers seeking to pay for essential goods.
Paul McCartney’s handwritten lyrics to The Beatles’ hit song Hey Jude has sold for $910,000 at an auction run by Julien’s Auctions.
Lyn Calder, a managing partner of Anderson Anderson & Brown LLP (AAB), has called on the government to implement a series of wide-reaching measures aimed at helping businesses to survive the disruption caused by the COVID-19 pandemic. Lyn Calder, who is also the firm’s head of deals f
Partners at the UK's biggest accountancy firms will have their payouts slashed by hundreds of thousands of pounds this year as the sector prepares to face a huge crash in revenues amid stemming from the coronavirus outbreak. Yesterday, partners at BDO agreed to cut partner pay by up to 25% in a bid
A temporary payments freeze on loans and credit cards for up to three months are amongst a package of targeted temporary measures confirmed by the Financial Conduct Authority (FCA) today to help people negatively affected by the coronavirus pandemic. Following a short consultation, the FCA will
Scottish businesses are threatening the Scottish Government with court action in order to claim grants they believe they are entitled to, as firms face financial difficulty amid the coronavirus crisis.
The first major survey of Scottish businesses since the coronavirus outbreak has revealed that 85% of firms expect growth in the Scottish economy to be weak or very weak in the next 12 months, marking an increase of 53% in the previous quarter.
The Pensions and Lifetime Savings Association (PLSA) is reminding pension schemes to be watchful of how the companies in which invest respond to the COVID-19 pandemic and be prepared to hold directors to account as decisions now may impact their long-term investment prospects. PLSA has said tha
Developers have reaffirmed their commitment to delivering one of the largest regeneration projects to take place in Edinburgh for a generation with the launch of an online consultation and the release of new images illustrating the latest design phase of the development.
Whilst Scottish surveyors were upbeat about the outlook for the housing market before last month, it is now clear that the current lockdown situation will have a significant impact for the rest of the year, according to the March 2020 Residential Market Survey from the Royal Institution of Char
Women in the UK were underpaid by £126 billion before the country's lockdown, according to a report by charity Pro Bono Economics.
A £5 million package of emergency financial support has been announced by the Scottish Government in order to help students facing hardship as a result of the coronavirus outbreak. Extra cash will be made available to any university and college students now struggling as a result of COVID-19,