Michael Reid, managing partner at Aberdeen-based Meston Reid & Co, discusses the suspension of wrongful trading. When the temporary suspension of wrongful trading rules for company directors was announced, the UK government commented that it was designed to help business owners combat the f
Covid-19
Marcus Paine, head of Scottish Borders-based quarrying firm Hutton Stone, says he’s already looking at life after lockdown – but fears uncertainty over cashflow could leave many SMEs like his family business between a rock and a hard place. The businessman has spent 26 years building up
The Inverurie Dental Practice, which operates two clinics in Inverurie and Kintore, has secured a vital funding package from Barclays to navigate the coronavirus lockdown and recovery, including a £50,000 loan through the Bounce Back Loan Scheme.
Jacqueline Rédarès, senior associate and health & safety specialist at law firm CMS, urges businesses to begin planning safe workplaces for after lockdown. Many of Scotland’s businesses are beginning to see the first signs of light at the end of the tunnel as we slowly emerge
One in five Royal Bank of Scotland mortgage customers is receiving a three-month payment holiday.
Stirling-based charity Africa on the Ball has launched a fundraising campaign aiming to raise £8,500 to help fight coronavirus in Africa. The charity's own fundraising football team Glasgow on the Ball is trying to raise £8,500 by the end of May to fight coronavirus in Zambia by running
ESPC has highlighted how the Scottish property market might move forward after the coronavirus lockdown measures have been eased.
The majority of financial services workers are anticipating spending more time working from home even after the coronavirus lockdown measures are lifted, according to a new survey by Deloitte.
The Financial Conduct Authority (FCA) has launched a consultation on additional guidance for payments firms to strengthen the way in which they look after customers’ money. The payments sector is a priority area for the FCA and the consultation follows ongoing work to ensure payments firms are
More than £35 million of Venture Capital (VC) was invested into Scottish start-ups in the first quarter of 2020, ahead of the UK’s COVID-19 lockdown, according to KPMG’s latest Venture Pulse survey. The figures, compiled by Pitchbook, reveal that eighteen deals were secured in Q1 2
Scotland’s local food economy is enjoying an unprecedented boost as consumers seek alternatives to the supermarkets, focusing on home delivery and convenience retail amid wellbeing concerns, according to a senior food and drink expert from Johnston Carmichael. Adam Hardie, partner and head of
Dundee-based lorry hire firm Norman Jamieson Ltd has secured a six-figure loan from Bank of Scotland to help buffer against a decrease in demand amid the construction industry shutdown.
Staff at the Royal Bank of Scotland are preparing to work from home for the foreseeable future in the wake of the coronavirus pandemic.
Perth-based insurance company Aviva as seen a 28% increase in sales of life insurance reaching £12.3 billion in the first quarter of this year. The firm issued an operating update today which revealed that it had a 'solid first quarter of trading' with general insurance sales rising by 3%
Over 90% of rural business owners in Scotland are confident they can reopen their business while safely adhering to social distancing measures, according to a new survey by Scottish Land & Estates (SLE).