COVID-19



The Pensions Regulator announces payments holiday

The Payments Regulator has announced that companies who are having to pay in cash to compensate for the shortfalls in their pension schemes can suspend payments.

Published 30 March 2020

In Pictures: Johnston Carmichael's dress-up Friday

As hoards of the nation's workforce settles into the new routine of working from home, Johnston Carmichael employees have participated in the Dress Up Friday movement. 

Published 30 March 2020

And finally... filth-anthropist

Filth star James McAvoy has donated over a quarter of a million pounds to the NHS to help distribute protective gear to fight the coronavirus outbreak.

Published 30 March 2020

Banks backtrack on personal guarantees after public backlash

Following growing criticism, high street banks have backtracked on loan requirements which insisted that business owners provide personal guarantees for government-backed loans.

Published 27 March 2020

UK Government announces financial support for self-employed

Chancellor Rishi Sunak has announced support measures for those who are self-employed and hit by the coronavirus outbreak.

Published 27 March 2020

Lenders to give three month mortgage offer extension for home movers impacted by COVID-19

To help home movers impacted by coronavirus, mortgage providers will give customers who have exchanged contracts the option to extend their mortgage offer for up to three months to enable them to move at a later date, UK Finance has announced.

Published 27 March 2020

Mounting pressure on banks to block £7.5bn dividends

Sir John Vickers, former chairman of the Independent Commission on Banking, has called upon the Bank of England to block more than £7.5 billion of dividends to be paid out by banks.

Published 27 March 2020

STV suspends dividend as it launches £10m of cuts amid coronavirus outbreak

STV has announced that it has suspended its planned dividend of 14.7p per share and embarked on a cost-cutting mission to ensure that it remains "financially resilient" amid the COVID-19 crisis.

Published 27 March 2020

Loganair announces further flight reductions

Loganair has announced further reductions in its flight schedules over the coming weeks, consistent with the Government’s efforts to contain the spread of the COVID-19 virus.

Published 27 March 2020

And finally... fashion fix

Ralph Lauren is the latest designer brand to offer help during the global coronavirus pandemic, as it announced it would start making medical masks and isolation gowns.

Published 27 March 2020

RBS offers business interruption loans without personal guarantees

The Royal Bank of Scotland has announced that it will not be insisting on personal guarantees to issue government-backed emergency loans to business owners, whilst banks across the UK face criticisms for implementing such procedures. 

Published 26 March 2020

Directors urge government to relax insolvency rules to save businesses

Directors across the UK are asking the government for a temporary indemnity which allows them to keep technically insolvent firms in operation during the coronavirus pandemic without fear of legal action.

Published 26 March 2020

Dunedin Enterprise Investment Trust increases dividend despite coronavirus concerns

Edinburgh-based Dunedin Enterprise Investment Trust (PLC) has increased its final dividend share from 2p to 5p despite the global economic worries over the COVID-19 pandemic.

Published 26 March 2020

RBS outlines support for customers during lockdown

The Royal Bank of Scotland issued a letter to MPs yesterday outlining its support for customers during the current COVID-19 lockdown. The measures include fee-free loans and overdrafts.

Published 26 March 2020

Richard Godden: Coronavirus pandemic - do you still have to carry out your contracts?

Richard Godden, partner and member of Blackadders' dispute resolution team, details whether businesses still have to carry out their contracts during the coronavirus lock down.

Published 26 March 2020