COVID-19



Payment freeze for credit card and personal loans to continue

The Financial Conduct Authority (FCA) has confirmed that payments on credit card, personal loans and other revolving credit products will remain frozen for a further three months for those who are still experiencing temporary payment difficulties due to coronavirus.

Published 1 July 2020

BCC: 'Swift, substantial and immediate action' must be taken to bolster UK economy

The British Chambers of Commerce (BCC) has called for “swift,  substantial and immediate action” to bolster the economy, as its Quarterly Economic Survey (QES)  found that UK economic conditions deteriorated at an unprecedented rate in the second quarter of 2020.

Published 1 July 2020

Bank of Scotland: Business confidence falls even further in Scotland

Business confidence in Scotland fell by a further eight points during June to -41%, marking the lowest level of confidence across all UK regions and nations, according to the latest Business Barometer from of Bank of Scotland Commercial Banking.

Published 30 June 2020

Simon Capaldi: COVID-19 will accelerate the evolution of office-based working

Simon Capaldi, office agency partner at Knight Frank, discusses how the coronavirus pandemic will accelerate changes to office-based working.

Published 30 June 2020

Women’s Enterprise Scotland and RBS support women-led Scottish start-ups with new digital platform

Women’s Enterprise Scotland (WES), with support from the Royal Bank of Scotland, has launched a new digital platform designed to support women at the pre-start-up and start-up stage of their business journey.

Published 30 June 2020

UK economy suffers joint largest fall since 1979

The UK economy has suffered the joint biggest drop since the July-to-September period in 1979, as GDP contracted by 2.2% in the first quarter of 2020.

Published 30 June 2020

Chrysties Furnishing Centre reopens thanks to £200,000 CBILS funding package from RBS

Hawick-based Chrysties Furnishing Centre as reopened in the month of its 30th birthday following a £200,000 Coronavirus funding package from Royal Bank of Scotland.

Published 29 June 2020

Lothian-based toy company Yummikeys' monthly sales triple in lockdown

Lothian based eco-friendly toy company, Yummikeys has reported a 291% increase in YTD trade figures with monthly sales tripling since the lockdown measures were introduced in March.

Published 29 June 2020

Breathe Easy secures £50,000 grant from Scottish Government for lip-reading facemasks

Edinburgh start-up Breathe Easy has won a £50,000 grant from the Scottish Government to help with its development of the first lip-reading face masks in Scotland.

Published 29 June 2020

Scottish Government calls for extended financial powers in blueprint for economic recovery

The Scottish Government has called for an extension of its financial powers within a newly published blueprint for the country's economic recovery.

Published 29 June 2020

Calls for tax changes to relieve burden on lower waged Scots

Scottish Government advisors are calling for ministers to levy more tax from Scotland's higher earners to boost the country’s economic recovery and relieve the burden on lower-paid Scots. 

Published 29 June 2020

The rich enjoy socially distanced getaways with £1m private jet package holidays

Wealthy holidaymakers are enjoying socially distanced travel with the advent of £1 million private jet package holidays. 

Published 29 June 2020

Reactec completes £700,000 funding round

Edinburgh-based Reactec, a tech firm which recently launched a social distancing monitoring device, has completed a £700,000 funding round led by Archangels. 

Published 26 June 2020

Deloitte: Millenials and Gen Zs 'resilient' in face of COVID-19

In the face of unprecedented health and economic disruption caused by the COVID-19 pandemic, millennials and Gen Zs express resolve and a vision to build a better future, according to a new survey by Deloitte.

Published 26 June 2020

GrowBiz launches £3m crowdfunding campaign to help rural business affected by COVID-19

Perthshire-based enterprise support organisation GrowBiz has launched the first multi-million-pound campaign of its kind to support the thousands of micro-enterprises across rural Scotland disproportionately affected by the coronavirus pandemic.

Published 26 June 2020