Covid-19

One in four UK businesses using the Coronavirus Job Retention Scheme have warned that they will not be able to top up salaries after the scheme is cut back in September, according to a new survey released by the Institute of Directors (IoD). The UK Government announced earlier this month that it wou

The Association of Chartered Certified Accountants (ACCA) has joined the International Chamber of Commerce’s (ICC) global call to action to save small-to-medium-sized businesses amid the coronavirus crisis. The ACCA has signed a Memorandum of Understanding (MOU) to support the ICC's 'Save

The financial cost of coronavirus to SMEs in the UK will exceed £69 billion, with two fifths at risk of permanently closing, according to a new report today by small business insurer Simply Business.

Family-owned Edinburgh-based Old Curiosity Distillery has secured a £250,000 loan from Royal Bank of Scotland through the UK Government’s Coronavirus Business Intervention Loan Scheme (CBILS). The funding will provide the business, which currently employs 28 staff at its distil

Lanarkshire-based Iain Potter Construction (IPC) is anticipating an increased workload amid the current coronavirus pandemic after the firm secured a has secured a six-figure CBILS loan from Bank of Scotland to help it stave off the impact of the coronavirus pandemic. 

Edinburgh-based Charles Stamper Fruit & Veg has secured a six-figure CBILS loan from Bank of Scotland.

Port Glasgow-based REL Group, a wholesale electronics supplier and recruitment specialist, has secured a £250,000 Coronavirus Business Interruption Loan (CBIL) from Barclays to support it in the wake of COVID-19.

The coronavirus lockdown has damaged the confidence of Scottish businesses so badly that 61% fear they will go bust despite government support, according to a new survey of Scottish businesses conducted by Scotianomics. More than 400 companies, working across 17 broad sectors, took part in the

The Scottish Government has announced that coronavirus financial help will be expanded to include businesses that share properties, such as indoor markets, and for firms that aren’t on the rates system, such as some bed and breakfasts. The Federation of Small Businesses (FSB) – who led c

Cameron Ewer, head of Savills Residential in Scotland, has outlined the implications of the Scottish Government’s route map out of lockdown on Scotland's residential property market.

The Scottish Government has issued guidance for the manufacturing and retail industries detailing the steps to be taken as Scotland eases its lockdown restrictions.

Thousands of small businesses say they are firefighting immediate concerns such as cashflow pressures and resuming operations safely ahead of lockdown lift, according to the latest research from Association of Chartered Certified Accountants (ACCA). The partnership study with The Corporate Fina

The coronavirus lockdown is helping to accelerate take-up of digital banking services amongst consumers in Scotland, with many feeling more confident about using online and mobile channels, according to new research from Virgin Money. 

Probably the most challenging task when reopening or increasing activity is predicting the level of customer demand. The ideal would match staff, production and operations to demand to preserve working capital and cash. This is difficult enough in normal times.

Seven Scottish hotels have closed down after a major UK travel firm Specialist Leisure Group fell into administration. An estimated 2,500 jobs have been lost and 64,000 bookings have been cancelled with the collapse of the firm.