COVID-19



Housebuilder Rural Renaissance Limited secures six-figure funding package from Bank of Scotland

Melrose-based housebuilder Rural Renaissance Limited (RRL) has secured a six-figure funding package from Bank of Scotland to support its working capital, enabling it to continue to pay suppliers and honour its contractual commitments during the coronavirus crisis.

Published 2 June 2020

Wylie & Bisset accountant Donald McKinnon goes electric

Wylie & Bisset's managing partner Donald McKinnon takes advantage of hot weather and hosts socially-distanced meeting with a client on Helensburgh seafront.

Published 2 June 2020

FCA advises three month extension to mortgage support

The Financial Conduct Authority (FCA) has confirmed that holiday payments for mortgage customers will be extended until the end of October this year in a bid to combat the financial impacts of the coronavirus crisis. 

Published 2 June 2020

ICAS releases COVID-19 pensions guidance

Leading bodies have issued guidance on the implications of the coronavirus pandemic for pension scheme financial reports and audit.

Published 2 June 2020

Nationwide: House price growth slows sharply as impact of COVID-19 begins to hit market

Property values dropped by 1.7% month-on-month in May across the UK according to the latest House Price Index by Nationwide Building Society. 

Published 2 June 2020

Scottish Government announces £2m additional quota for inshore fishing

Inshore fishers who usually target shellfish will now be able to diversify into new markets and access fishing opportunities worth up to £2 million thanks to a new quote introduced by the Scottish Government.

Published 2 June 2020

Fraser Campbell: Grappling with the people factor

The journey into the next phases of pandemic management is well underway and the timing of opening of different industries is becoming clearer each week. It is good that the government has extended financial support under the Job Retention Scheme (JRS, or Furlough) and is allowing businesses to bring furloughed workers back to work on a part time basis until 31 October.

Published 2 June 2020

Kinloch Lodge secures six-figure CBILS loan from Bank of Scotland

Kinloch Lodge, an award-winning luxury hotel on the Isle of Skye that has lost over a thousand bookings because of the COVID-19 pandemic, has secured its future thanks to a six-figure CBILS loan from Bank of Scotland.

Published 1 June 2020

Ondine secures £50,000 bounce back loan from Barclays

Ondine, one of Edinburgh’s finest seafood restaurants, has secured a £50,000 Bounce Back Loan from Barclays.

Published 1 June 2020

Boost for Aberdeen Airport as Loganair re-opens routes

Loganair is today relaunching two routes from Aberdeen Airport re-connecting the city with Birmingham and Newcastle, as the first step to restoring full services at one of its major hub airports after the coronavirus pandemic.

Published 1 June 2020

RBS and Strathclyde Business School host digital debate on future of Scottish business

Royal Bank of Scotland and Strathclyde Business School are hosting a digital debate today designed to bring together key female Scottish business leaders.

Published 1 June 2020

UK furlough scheme to end in October

Chancellor Rishi Sunak has announced that the UK's coronavirus furlough scheme implemented to save jobs during the coronavirus crisis, will finish at the end of October.

Published 1 June 2020

SRC: Scottish Government will need bold economic stimulus to drive recovery

The Scottish Retail Consortium (SRC) has called on the Scottish Government to take bold steps to deliver an economic stimulus package in response to the coronavirus pandemic.

Published 1 June 2020

STUC: £13bn clean stimulus package could create 150,000 jobs in Scotland

Provisional analysis of clean infrastructure projects by the Scottish Trade Union Congress (STUC) has outlined the massive benefits of a government-funded green stimulus for Scotland, with a £13 billion investment creating almost 150,000 jobs and re-absorbing workers who have lost employment due to the coronavirus crisis.

Published 1 June 2020

Yael Selfin: We need to think again about the future of our cities

Yael Selfin, KPMG UK's chief economist, highlights how the UK needs to rethink the future of its cities in light of the current coronavirus pandemic. 

Published 1 June 2020