COVID-19



No date for furlough payments places Scottish construction in ‘turmoil’

“Extreme pressure” is being placed on the Scottish construction industry due to the lack of detail for the UK Coronavirus Job Retention Scheme, a building company has warned.

Published 6 April 2020

Scots flock to online wills service during coronavirus lockdown

A company established by Scottish solicitor, Bruce de Wert, delivering quick and affordable online wills in clients' own homes, has recorded meteoric growth since the coronavirus lockdown with an upsurge among women and health professionals.

Published 6 April 2020

Mark Brown: COVID-19: What are the options for business?

Mark Brown, audit, accounts and business assurance partner at Meston Reid & Co, details the options available for businesses during the current coronavirus pandemic. 

Published 6 April 2020

Funding allocated to help Scottish credit unions

The Scottish Government has launched a fund to help Scotland's credit unions continue to support those in need during the current coronavirus crisis.

Published 6 April 2020

New car registrations drop by over 40%

New car registrations for March saw a steeper fall than during the 2008 financial crisis, according to new data from the Society for Motor Manufacturers and Traders (SMMT).

Published 6 April 2020

Barclays announces free banking measures for SMEs with turnover under £250k

Barclays has announced free banking measures for UK SMEs who have a turnover of under £250,000.

Published 6 April 2020

Debenhams prepares for administration

Department store Debenhams has filed a notice to appoint administrators amid the current coronavirus pandemic.

Published 6 April 2020

FSB urges Scottish Government to fill coronavirus business support gap

The Federation of Small Businesses (FSB) Scotland has called for the Scottish Government to establish a new emergency grant and loan scheme for smaller businesses and the self-employed.

Published 6 April 2020

Nationwide to close branches and call centres at weekends

Nationwide Building Society has announced that it will be closing all branches and call centre operations at the weekends amid the current coronavirus crisis.

Published 6 April 2020

Scottish agriculture to benefit from £40m Scottish Government scheme

Around 7,000 specialist beef producers will benefit from payments worth around £40 million in the coming weeks, ensuring money is still going to farmers and crofters during these unprecedented and challenging times.

Published 6 April 2020

Chancellor curbs bank abuses to aid UK small business during coronavirus pandemic

Chancellor Rishi Sunak has announced further measures to support firms affected by the coronavirus crisis, by bolstering business interruption loans for small businesses and announcing a new scheme for larger companies.

Published 3 April 2020

William Duncan + Co produces advice flipbook for directors facing financial distress

William Duncan Business Recovery has published a flipbook offering clear and simple to follow advice for directors of businesses facing financial distress and those who are concerned about potential wrongful trading during the current coronavirus pandemic. 

Published 3 April 2020

RSM: Financial and economic stress index sees record spike

RSM’s Market Stress Index has recorded its steepest and most protracted spike in negative sentiment since the metric was introduced, as COVID-19 fears intensify.

Published 3 April 2020

Allana Sweeney: Positive business measures – a spark of hope for businesses in financial distress

Allana Sweeney, senior associate in Shepherd and Wedderburn’s restructuring and business advisory team, discusses how the measures of support implemented to help businesses during the coronavirus pandemic are a spark of hope for firms.

Published 3 April 2020