Covid-19

Between January and March 2020, Scotland’s employment rate dropped to 74.7% and the unemployment rate estimate rose over the quarter to 4.1% according to the latest Labour Market Statistics Update by the Office for National Statistics (ONS).  Jamie Hepburn, Scotland's business, fair work

The UK Government has extended the maximum loan size available through the Coronavirus Large Business Interruption Loan Scheme (CLBILS) from £50 million to £200m. The move aims to ensure those large firms which do not qualify for the Bank of England’s COVID Corporate Financing Faci

A group of young men who gave cider to cows in Castle Park in Dedham have been fined for flouting lockdown restrictions.

Audit, tax and consultancy firm RSM has urged Scottish directors to act in the best interest of stakeholders warning that if they do not, they could be found personally liable.  Company directors are working hard to keep their business up and running and ready to get back to more normal trading

Lyn Calder, a managing partner of Anderson Anderson & Brown (AAB), appears in one of the firm's new videos urging more businesses to apply for the government COVID-19 loan schemes such as CBILS and Bounce Back with the aim of positioning themselves strongly for the ‘new normal’.

Analysis by 3Gem Research & Insights on behalf of Scottish Friendly has revealed that 45% of savers in Britain expect to draw money out of savings and investments to cope with the impact coronavirus is having on their household finances. The most likely place they will look to source cash from i

David Shadwell, accounts and business support partner at accountants Chiene + Tait, recently returned to the UK after spending nine years in Wellington, New Zealand. He details the lessons Scottish businesses can learn from New Zealand as we begin the process of coming out of lockdown. Before r

The Bank of England’s chief economist has suggested that it is considering introducing negative interest rates to help alleviate the economic woes created by the coronavirus pandemic. Andy Haldane said that pushing interest rates to below zero, as well as buying riskier assets under the c

Shellfish growers and trout producers will receive a share of £800,000 of Scottish Government funding to help make improvements to their businesses to mitigate the impact of the global coronavirus pandemic. The grants from the European Maritime Fisheries Fund (EMFF) to 11 aquaculture businesse

Global dividends are expected to fall by as much as 35% this year, according to the latest Global Dividend Index from Janus Henderson.

Wide-spread mass redundancies have been avoided in Scotland amid the coronavirus pandemic thanks to the UK Government's furlough scheme, according to the latest CIPD Labour Market Outlook in partnership with the Adecco Group. 

MHA Henderson Loggie has indicated that Scotland's Mergers & Acquisitions (M&A) market will return after the coronavirus lockdown measures have been reduced, but not as we know it. The financial advisory firm has said that deal flow has slowed as coronavirus emergency measures continue to im

Stewart Pennington, partner at Johnston Carmichael, has urged Scottish food and drink businesses to review suitable options to avoid closing for good amid the coronavirus pandemic.  As businesses in England begin to get back to work, the future remains uncertain for Scottish firms.

Despite the current uncertainty in the Scottish housing market caused by the COVID-19 pandemic and a significant drop in transactions, average prices are expected to remain stable, according to Rettie & Co. In its Spring 2020 forecast, the property specialists said transactions activity is likel

TSB has published new figures on how many customers it has helped in Scotland using remote communication channels which allow customers to bank from the safety of their own homes. Overall, 12,207 customers in Scotland have used Smart Agent, the new online chat service.  Since the outbreak