Covid-19

Eilidh Mactier, real estate associate at law firm CMS, details how diversification may shape the future of retailers and restaurants in Scotland after the coronavirus pandemic.  Retailers and restaurants have been among the businesses hardest hit by the impact of COVID-19. The March 2

Job vacancies have plummeted across all corners of Scotland in April, with adverts for jobs dropping by 60.1% compared to March, according to data from CV-Library.

Business confidence in the UK has reached a record low due to the impact of COVID-19, according to the latest CFO Survey by Deloitte.

New car registrations dropped to only 4,000 in the UK in April, according to The Society for Motor Manufacturers and Traders (SMMT).

SME manufacturing output fell at the quickest pace in over a decade in the quarter to April, according to the latest CBI SME Trends Survey.

Sir George Mathewson, the former boss of the Royal Bank of Scotland, has urged the UK Government to write off all state-backed loans to businesses to give firms a better chance of survival during the coronavirus pandemic. Sir George said that the government should fund the giveaway through increased

Kingdom Housing Association has agreed a Revolving Credit Facility Agreement with Lloyds Bank during the coronavirus period after an open tender process run for Kingdom by ATFS. The facility is for £10 million for a term of five years at competitive rates in the current climate.

The number of profit warnings by listed companies in Scotland has reached a record level in the first quarter of this year, according to the latest Profit Warning report from EY.

Insolvency practitioners across Scotland are preparing for an upsurge of insolvencies stemming from the economic impact of the coronavirus pandemic which is likely to accelerate the demise of companies that were struggling in any event. And they are warning that cash will be king in the coming reces

As the coronavirus lockdown continues giving many businesses restricted or no option to trade, Angela Paterson, associate director of Dunedin Advisory, specialist restructuring and insolvency advisors, highlights a potential lifeline to consider – a CVA. A CVA is a procedure governed by Insolv

MPs are to question senior bankers today over the slow roll-out and low level of emergency loans extended to businesses during the last six weeks.

British Chambers of Commerce (BCC) president, Baroness Ruby McGregor-Smith, has written an open letter to the Prime Minister setting out principles for a phased restart of the UK economy. The leading business group set out its integrated approach, the first step in a three-stage proce

The UK Government has set up a discretionary fund to help financially support certain small businesses who previously fell outside the scope of the business grant funds scheme.

Royal Bank of Scotland is supporting a new drive to help children and families across Scotland who have no books at home or any access to books during the coronavirus pandemic.  The Scottish Book Trust is working with local authorities across Scotland and other charities, in

Profits at the Royal Bank of Scotland have halved in the first quarter of this year as the bank allocated £802 million to accommodate for a rise in loan losses stemming from the coronavirus pandemic. RBS posted pre-tax profits of £519 million for the period, down from £1 billion th