Covid-19

Scottish businesses are facing a catastrophic decline in cashflow due to the impact of the coronavirus pandemic and are coming up against barriers in government support, according to a new survey conducted by the Scottish Chambers of Commerce (SCC).

The Financial Conduct Authority (FCA) has today announced it intends to seek legal clarity on business interruption insurance to resolve doubt for businesses who are facing uncertainty on their claims. It is also proposing a series of measures to support both consumers and businesses who hold insura

The latest research from CBI has highlighted that the UK private sector is experiencing a significant downturn as businesses and professional services experienced the sharpest fall since 2009. 

New research from Nationwide has found that annual house price growth was gaining momentum before the coronavirus pandemic struck the UK.

The banking and finance sector has lent over £4 billion to SMEs through the Coronavirus Business Interruption Loan Scheme (CBILS) so far, according to the latest data from UK Finance.

The Construction Industry Coronavirus Forum (CICV) and Construction Scotland have joined calls for the Scottish construction sector to step up and ensure payments are made on time to safeguard cashflow and ensure business and job survival. As trade and professional bodies continue to

Consumer leisure spending in the UK dropped by seven percentage points in the first three months of 2020 compared to 2019, according to the latest Leisure Consumer report by Deloitte.

The Financial Conduct Authority (FCA) has extended the deadline for e-commerce businesses to implement strong customer authentication (SCA) in the wake of the coronavirus crisis. Firms will now have an additional six months to implement the systems, meaning the new deadline of 14 September 2021 will

An unofficial White House gift shop is selling $100 coronavirus commemorative coins to mark the outbreak of the COVID-19 pandemic. 

A £100 million package of additional grant support for small and medium-sized businesses (SMEs) and newly self-employed people will open for applications later today.

RICS has urged the Scottish Government to re-examine commercial property use classes to aid flexibility of use going forward, as the Q1 2020 RICS Commercial Market Survey results point to a deterioration in market sentiment in Scotland, particularly in retail. Following what appeared

The Construction Industry Coronavirus Forum (CICV) has presented the Scottish Government with a paper of comprehensive recommendations to ease the cashflow crisis as the group continues fighting to save Scotland’s construction sector during the COVID-19 pandemic. The paper, which out

The Scottish Government has released figures showing that £526 million of coronavirus grant funding has been released to 45,387 Scottish businesses.

Throughout the first quarter of this year, £2.5 billion was withdrawn from pensions flexibly, marking a 19% increase from the £2.1bn recorded last year, according to the latest data from HMRC.

Lloyds Banking Group's pre-tax profits have plummeted by 95% to £74 million, a drop of over £1.6 billion from the same three months of 2019.