Glenrothes-based accountancy firm Empowered by Cloud has changed its operating model to become a permanent remote operation. The strategic switch to a 100% remote service came after a refocusing of its business strategy and has seen the Cloud accountancy specialist’s client base dou
Covid-19
Shona Fraser, partner and agricultural business specialist at accountants Chiene + Tait, discusses the importance of the UK Agriculture Bill. The UK Agriculture Bill had its second reading in the House of Lords last week with growing concerns raised about the lack of amendments to protect UK farmers
Private equity funders are likely to focus their investments in infrastructure and technology companies in the short-term until the economic uncertainty caused by coronavirus dissipates, according to a new report from Pinsent Masons. Further opportunities for private equity investment could material
A multi-million-pound fund has been set up by the Scottish Government to help the energy sector recover from the dual economic impacts of coronavirus and the oil and gas price crash. The £62 million Energy Transition Fund will support businesses in the oil, gas and energy sectors over the next
The Sunday Times recently reported that, when confronted with the likelihood of 3.5million job losses if the country doesn’t reopen over the summer, Boris Johnstone apparently responded “Christ”! The UK’s COVID narrative is pivoting to the economic toll, and emergency measur
Grant Thornton has announced that it will be making a series of redundancies, making it the first large UK accountancy firm to issue job cuts during the coronavirus pandemic.The firm's Scottish arm is led by managing partner Andrew Howie and employs 180 staff across its three offices based in Aberde
Scottish companies offering online training and e-learning opportunities are seeing a significant increase in enquiries since coronavirus emergency measures were introduced, according to accountancy and business advisory firm MHA Henderson Loggie. The firm has said that companies offering such
Go Ape, the UK outdoor adventure company and visitor attraction has secured funding from the Coronavirus Business Interruption Loan Scheme (CBILS) through Clydesdale Bank, owned by Virgin Money, to help it through the economic impact of the coronavirus crisis.
The Scottish Government has announced a £2 million funding package to support town centres and aid the recovery of local communities as coronavirus measures are gradually and carefully eased. The Towns and Business Improvement Districts (BIDs) Resilience and Recovery Fund is open to local
The coronavirus crisis has spurred many Scottish smaller firms to sell more online; to introduce new products and services; and to use digital technologies to better manage their operations, according to research from the Federation of Small Businesses (FSB). A survey of almost 800 Scottish business
The UK's GDP fell by 20.4% in April marking the largest decline since monthly records began in 1997, according to the latest data from the Office for National Statistics (ONS).
The Royal Bank of Scotland is urging both businesses and members of the public to continue donating essential food and supplies to its Gogarburn headquarters in Edinburgh to help vulnerable people throughout Scotland as the impact of coronavirus remains prevalent across the country. RBS has been wel
Investment bankers in Paris have become the latest to join the post-lockdown cycling craze in the city, as USA bank Morgan Stanley has given bikes to 45 of its staff to use on company business.
JBS Fabrication Ltd, an Aberdeenshire company providing engineering solutions to the energy sector, has secured vital funds to navigate the coronavirus lockdown and recovery, thanks to a £1.2 million Coronavirus Business Interruption Loan (CBIL) from Barclays.
West Calder-based Mulholland Plant Services has kept moving during the current crisis after securing financial support from Bank of Scotland.