Covid-19

Permanent staff appointments and temporary billings across Scotland declined at the most marked rates on record during April, according to the latest Royal Bank of Scotland Report on Jobs.

Aberdeen New Thai Investment Trust, a trust managed by Aberdeen Standard Investments, has posted its annual results for the 12 months to 29 February 2019, revealing a total return of -16.6% versus the total return of -12.8% from the company’s benchmark. The company also pos

The banking and finance sector has lent over £5.5 billion to SMEs through the Coronavirus Business Interruption Loan Scheme (CBILS) so far, according to the latest data from UK Finance.

Legislation to establish a new consumer organisation has been unanimously passed by the Scottish Parliament. Consumer Scotland – a new body dedicated to protecting the interests of consumers – is expected to be operational next year.

The Bank of England has warned that the coronavirus pandemic will force the UK economy towards its deepest recession on record. The bank has revealed that the economy was on course to shrink 14% this year, based on the lockdown being relaxed in June.

The Financial Services Regulatory Initiatives Forum has today launched a new initiative to help financial firms prepare for upcoming regulatory work – the Regulatory Initiatives Grid. The introduction of the Grid, announced by Chancellor of the Exchequer Rishi Sunak in March’s Budget, ha

New analysis by The Institute for Public Policy Research (IPPR) shows that 750,000 people in Scotland could be enrolled onto the Jobs Retention Scheme (furloughed) this quarter, and a further 150,000 jobs could be lost as a result of the COVID-19 crisis.

The second phase of coronavirus support for small Scottish businesses, which extends grant support to all subsequent eligible properties, is now open for applications. The next stage of the Small Business Grant scheme ensures that - in addition to existing grants of £10,000 or £25,000 fo

Chartered accountants Wylie & Bisset is adapting to the ‘new normality’ of coronavirus-enforced changes to working life by introducing a series of changes to its business practices to enable it to work smarter for its clients. Donald McKinnon, managing partner at Wylie & Bis

Results from the latest British Chambers of Commerce (BCC) Coronavirus Business Impact Tracker have revealed that the vast majority of firms surveyed say they will require three weeks or less to prepare to restart operations alongside any loosening of the UK lockdown.

A £5 million fund will offer interest-free loans to landlords whose tenants are having difficulty paying rent during the coronavirus crisis.

The Scottish Government has announced a one-off £75 million increase in funding for Scotland’s universities to ensure they can protect their world-leading research programmes against the financial impact of COVID-19. The significant intervention will help secure the jobs and training nee

A couple have been fined for breaking the coronavirus lockdown rules by making a 135-mile round trip to the coastal resort of Whitby "to smell the sea".

Accountancy and business advisory firm French Duncan has helped hundreds of firms navigate their way through the coronavirus period. The firm has already submitted client claims that total over £2.5 million in furlough payments, nearly £5 million in Coronavirus Business Interruption Loan

Chartered accountants Wylie & Bisset has cautioned business owners against seeking to borrow their way out of COVID-19 financial difficulties and urged them to engage with financial advisors before rushing to submit a Coronavirus Business Interruption Loan (CBIL) application. While acknowle