COVID-19



RBS matching customer donations to provide £5m to National Emergencies Trust

Royal Bank of Scotland has today announced a donation-matching programme of up to £5 million for the National Emergencies Trust (NET) coronavirus appeal, aimed at leveraging a further £5m of support from the public.

Published 30 March 2020

Laura Brown: Self-employed financial support: COVID-19

Laura Brown, an advisor at Murray Beith Murray, a Scottish private client law firm, details the financial support made available to those who are self-employed, as part of the UK Government's coronavirus economic support measures.

Published 30 March 2020

Moves made to lessen impact of coronavirus on Scottish housing market

Efforts are under way to help prevent further disruption to the buying and selling of homes across Scotland after Registers of Scotland (RoS) temporarily closed the application record and the UK Government advised home buyers and renters to delay moving unless the new property is empty.

Published 30 March 2020

The Pensions Regulator announces payments holiday

The Payments Regulator has announced that companies who are having to pay in cash to compensate for the shortfalls in their pension schemes can suspend payments.

Published 30 March 2020

In Pictures: Johnston Carmichael's dress-up Friday

As hoards of the nation's workforce settles into the new routine of working from home, Johnston Carmichael employees have participated in the Dress Up Friday movement. 

Published 30 March 2020

And finally... filth-anthropist

Filth star James McAvoy has donated over a quarter of a million pounds to the NHS to help distribute protective gear to fight the coronavirus outbreak.

Published 30 March 2020

Banks backtrack on personal guarantees after public backlash

Following growing criticism, high street banks have backtracked on loan requirements which insisted that business owners provide personal guarantees for government-backed loans.

Published 27 March 2020

UK Government announces financial support for self-employed

Chancellor Rishi Sunak has announced support measures for those who are self-employed and hit by the coronavirus outbreak.

Published 27 March 2020

Lenders to give three month mortgage offer extension for home movers impacted by COVID-19

To help home movers impacted by coronavirus, mortgage providers will give customers who have exchanged contracts the option to extend their mortgage offer for up to three months to enable them to move at a later date, UK Finance has announced.

Published 27 March 2020

Mounting pressure on banks to block £7.5bn dividends

Sir John Vickers, former chairman of the Independent Commission on Banking, has called upon the Bank of England to block more than £7.5 billion of dividends to be paid out by banks.

Published 27 March 2020

STV suspends dividend as it launches £10m of cuts amid coronavirus outbreak

STV has announced that it has suspended its planned dividend of 14.7p per share and embarked on a cost-cutting mission to ensure that it remains "financially resilient" amid the COVID-19 crisis.

Published 27 March 2020

Loganair announces further flight reductions

Loganair has announced further reductions in its flight schedules over the coming weeks, consistent with the Government’s efforts to contain the spread of the COVID-19 virus.

Published 27 March 2020

And finally... fashion fix

Ralph Lauren is the latest designer brand to offer help during the global coronavirus pandemic, as it announced it would start making medical masks and isolation gowns.

Published 27 March 2020

RBS offers business interruption loans without personal guarantees

The Royal Bank of Scotland has announced that it will not be insisting on personal guarantees to issue government-backed emergency loans to business owners, whilst banks across the UK face criticisms for implementing such procedures. 

Published 26 March 2020

Directors urge government to relax insolvency rules to save businesses

Directors across the UK are asking the government for a temporary indemnity which allows them to keep technically insolvent firms in operation during the coronavirus pandemic without fear of legal action.

Published 26 March 2020