COVID-19



Remake secures £56,852 funding package from The National Lottery Community Fund

Environmental charity Remake, which is based in Crieff, has secured £56,852 from the Scottish Government’s Supporting Communities Fund through The National Lottery Community Fund.

Published 3 July 2020

Virgin Money resumes Clydesdale branch closures plan

Virgin Money, the owner of Clydesdale Bank, has announced that it will resume plans for branch closures in Scotland which it halted due to the coronavirus pandemic.

Published 2 July 2020

RSM supports Edinburgh fashion firm Lost Stock with financial management assistance

Audit, tax and consulting firm RSM is lending its support to Edinburgh-based retail firm Lost Stock by helping to run its day to day finances.

Published 2 July 2020

Audit firms introduce measures to improve evaluation of going concern assessments

Since the start of the coronavirus crisis, audit firms across the UK have introduced a range of additional measures to improve their evaluation of companies’ going concern assessments.

Published 2 July 2020

Covid Haar lifts for Scotland’s Masterchef finalist

A Scottish Masterchef finalist and restaurateur has taken some of his staff off furlough and re-employed them at his award-winning restaurant after being inundated with orders from across the UK for his home deliveries of fine dining lobster dinners.

Published 2 July 2020

SCC: VAT cut needed for Scottish hospitality and tourism sector

The Scottish Chambers of Commerce (SCC) has called for VAT to be cut in the hospitality and tourism industry to help businesses who have been hit the hardest by the coronavirus pandemic.

Published 2 July 2020

LendingCrowd approved as new CBILS lender

Edinburgh-based fintech lending platform LendingCrowd has been approved for accreditation by the British Business Bank as a new lender under the Coronavirus Business Interruption Loan Scheme (CBILS).

Published 1 July 2020

Smart Metering Systems returns furlough money to UK Government

Smart Metering Systems (SMS), the Glasgow-based energy tech firm, is returning its furlough cash received from the UK Government.

Published 1 July 2020

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