COVID-19



Scottish Government announces £4m fund for Scottish museums and galleries

A new £4 million funding stream for the independent museums sector to help bolster resilience following the coronavirus pandemic has been announced by culture secretary Fiona Hyslop.

Published 27 July 2020

Begbies Traynor: Scotland’s struggling sectors see further distress despite government support measures

Businesses across almost all sectors in Scotland are experiencing further distress despite the support schemes implemented by the government to help combat the economic impact of the COVID-19 outbreak, according to insolvency firm Begbies Traynor. 

Published 24 July 2020

Almost a third of Scottish SMEs to make COVID-19 business changes permanent

Almost a third of Scottish SMEs intend to make the operational changes implemented during the coronavirus crisis a permanent fixture, according to new research from Santander. 

Published 24 July 2020

Nucleus Financial Group increases assets under administrations despite COVID-19 strain

Edinburgh-based financial services company Nucleus Financial Group has grown its assets under administration (AUA) despite the impact of the coronavirus pandemic on market volatility. 

Published 24 July 2020

UK households feel better about finances as savings rise

Worries over personal finances have decreased for the first time since the lockdown restrictions were implemented in the UK, according to a new survey conducted by Growth For Knowledge (GFK)

Published 24 July 2020

UK retail sales increased by 13.9% in June

Retail sales in the UK increased by 13.9% in June, marking the second month of significant improvement in the wake of the coronavirus pandemic, according to the latest data from the Office for National Statistics (ONS). 

Published 24 July 2020

FCA extends measures to help insurance customers during COVID-19

The Financial Conduct Authority (FCA) has announced plans to extend the temporary measures put in place to help customers who hold insurance and premium finance products and who may be in financial difficulty because of coronavirus.

Published 24 July 2020

Scottish manufacturing output and orders fall at record pace

New orders in the Scottish manufacturing sector fell at a record pace in the three months to July, according to the latest quarterly Scotland Industrial Trends Survey.

Published 23 July 2020

MSPs to investigate impact of COVID-19 on financial stability of local government in Scotland

The Scottish Parliament’s Local Government and Communities Committee has launched a call for views on the impact of coronavirus on the financial sustainability of local government in Scotland.

Published 23 July 2020

KPMG & SRC: June retail sales on a slow path to recovery

Despite a total year-on-year decline in retail sales of 18.6% in June, Scotland's retail sector appears to be on a slow path to recovery, according to the latest KPMG and Scottish Retail Consortium (SRC) Scottish Retail Sales monitor. 

Published 22 July 2020

UK businesses working at half their pre-COVID capacity

Businesses across the UK are on average, operating at half of their pre-COVID-19 capacity on average despite lockdown measures easing, according to the latest British Chambers of Commerce (BCC) Coronavirus Impact Tracker. 

Published 22 July 2020

RBS staff to work from home until next year

The Royal Bank of Scotland has told the majority of its staff to work from home until at least next year.

Published 21 July 2020

Alison Woods: Diversity dividend critical in post-COVID economy

Alison Woods, partner and employment law specialist at CMS, discusses the importance of diversity in the workplace as the world emerges from the coronavirus lockdown. 

Published 21 July 2020

Fraser of Allander Institute: Scotland's economy contracted by 19% during lockdown

Scotland's economy is on track to have contracted by over 19% during lockdown, according to the latest research from University of Strathclyde's Fraser of Allander Institute.

Published 21 July 2020

One million UK workers at risk of unemployment when furlough scheme ends in October

An estimated one million furloughed UK workers are at risk of unemployment when the UK Government's furlough scheme ends in October, according to the latest analysis by the Resolution Foundation.

Published 21 July 2020