Covid-19

The latest Red Flag Alert data gathered by Begbies Traynor found there were large numbers of UK businesses experiencing significant financial distress at the end of March 2020, with the overall figure now exceeding half a million (509,000) for the first time.  The research has revealed the larg

Lyn Calder, Anderson Anderson & Brown's (AAB) corporate finance manager and managing partner, has offered some practical advice to firms during the current coronavirus crisis. The UK and Scottish Governments are acutely aware the financial impact of the lockdown on businesses and the economy as

United Capital, the investment company specialising in consolidating the fragmented UK construction sector, has today announced that, despite the global spread of coronavirus, its acquisition pipeline has now surpassed £350 million. Last year United Capital completed the acquisition of McGill,

The banking and finance sector has lent over £1.1 billion to SMEs so far through the Coronavirus Business Interruption Loan Scheme (CBILS), according to the latest data from UK Finance.

New findings from TSB reveal that over two-fifths of people in the UK (42%) suspect they have been targeted by a phishing attack during the COVID-19 outbreak.

The Financial Conduct Authority (FCA) has announced another proposed package of measures targeting motor finance and high-cost credit agreements, which include: high-cost short-term credit (including payday loans), buy-now-pay-later (BNPL), rent-to-own (RTO) and pawnbroking.

In a potential sign of the strain the COVID-19 lockdown is having on the economy, Edinburgh Asset Finance has seen an increase in the number of individuals and businesses seeking to take advantage of asset finance. Based in the capital’s New Town, the firm has reported steady growth in the num

Black Sabbath guitarist Tony lommi has raised over £19,000 for the NHS by auctioning off personal items including one of his guitars.

Eric Curran, managing partner of DM Hall Chartered Surveyors, has assured that this housing market will return at some point, as it always does. Property professionals who have been in the front line for a long period of time tend to become slightly battle-hardened and take the view that, whatever c

Edinburgh start-up Drinkly has seen sales soar by over 850% in the last month as life under lockdown continues.

The UK retail sector suffered its worst March on records as sales plummetted amid the coronavirus pandemic, according to the latest British Retail Consortium (BRC) and KPMG Retail Sales Monitor.

Lloyds Banking Group has partnered with We Are Digital in a new initiative which has provided 2,000 digital tablets and vital support to 20,000 vulnerable customers facing difficulties during the coronavirus pandemic.

Stimulus cheques which are due to be sent out to US residents may be delayed after Donald Trump ordered that the US Treasury prints his name on them. The US Treasury Department ordered the Internal Revenue Service to mark the cheques with President Trump's signature on Monday evening.

The Scottish Government has announced that it will make a further £220 million of grants available for businesses including those with multiple branches after business objections that Scotland did not match the English support scheme.   The new package of measures includes £120

Business activity across Scotland's private sector declined at the quickest rate since the survey began in January 1998 during March due to the coronavirus outbreak, according to the latest Royal Bank of Scotland PMI.