Covid-19

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. In “Road to Recovery”, an eight-page submission to the Scottish Government’s Advisory Group on Economi

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 w

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.  Recessions are usually a catalyst for change and the sharp economic downturn triggered by COVID-19 is bound to turn some things around. One of t

Prostitutes in Switzerland are allowed to resume working under new coronavirus lockdown rules. 

Scottish start-ups have recorded their lowest first quarter for fundraising in over twenty years as the coronavirus impacted investor confidence, according to new research from Refinitiv.

Duncan Raggett, insolvency practitioner and head of the restructuring and recovery team at Anderson Anderson & Brown (AAB) discusses the issues and options firms should be considering in preparation for life after lockdown. The impact of COVID-19 on the economy is likely to be long-lasting.

Nationwide has said that a borrower's credit rating should be affected if they take a further mortgage holiday.

Business confidence in Scotland rose 17 points during May to -33%, remaining near record lows, according to the latest Business Barometer from Bank of Scotland Commercial Banking.

Nationwide has seen its profits plummet by 40% after taking a £101 million hit from the coronavirus pandemic. The lender, which is Britain's largest building society, said its underlying profit before tax plunged from £788m in 2019 to £469m this year on underlying income of ju

The British car manufacturing industry came to a near standstill in April with production down 99.7% compared to April last year.  

The significant impact the coronavirus pandemic is having on the UK social housing sector is beginning to emerge with additional arrears increasing to an estimated £100 million since lockdown began and lettings activity down 77%.

Stella’s Voice, a Peterhead-based charity that works to safeguard young people across Eastern Europe from traffickers and homelessness, has received funding from Bank of Scotland to help it support locals amid impacted by the coronavirus pandemic.

The Federation of Small Businesses (FSB) in Scotland is asking ministers to consider financial support for workplaces that are required to re-close because staff have been in contact with the virus. The call arrives as Scotland launches its virus tracking system.

Spending on measures to counter the coronavirus pandemic has reached just over £4 billion, Scottish Government figures have revealed.

The Scottish arm of insolvency and restructuring trade body R3 has issued an eight-point checklist to help owner/managers across the region deal with the impact of the coronavirus pandemic on their businesses. The organisation’s members, who include insolvency practitioners, lawyers, and