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. The broadcaster issued a trading update yesterday which said that it would suspend its final dividend for
Covid-19
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. A skeleton schedule of essential air services will operate within Scotland, to and from the Isle of Man
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.
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.
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. Under current legislation, company boards can be sued for failing to wind up a company if it is
Edinburgh-based Dunedin Enterprise Investment Trust (PLC) has increased its final dividend share from 2p to 5p despite the global economic worries over the COVID-19 pandemic. The firm also issued a 25p payout in June last year.
The Royal Bank of Scotland issued a letter to MPs yesterday outlining its support for customers during the current COVID-19 lockdown. The measures include fee-free loans and overdrafts. Alongside its £500 million working capital support fund, RBS said that it has launched emergency fee-free lo
Richard Godden, partner and member of Blackadders' dispute resolution team, details whether businesses still have to carry out their contracts during the coronavirus lock down. The current COVID-19 pandemic has turned everything upside down. Every day the situation alters, and the only constant is t
Property owners are shifting from short to long term letting as coronavirus hits holiday lets, according to DJ Alexander. The property management company has first-hand evidence of Airbnb owners moving their properties away from holiday letting to long term letting as the tourist market collapses.
A total of 20,620 stores are expected to remain closed permanently in the wake of the coronavirus outbreak, according to new estimates from the Centre for Retail Research (CRR).
The coronavirus outbreak has already led to a sharp economic downturn in Scotland; one that will undoubtedly change the shape of our economy in the long-run, according to the Fraser of Allander Institute.
In response to the current COVID-19 situation, the Financial Conduct Authority (FRC), Financial Reporting Council (FRC) and Prudential Regulation Authority (PRA) are today announcing a series of actions to ensure information continues to flow to investors and support the continued functioning of the
Legal, finance and property firm Gilson Gray has created an emergency hotline for all queries and issues relating to the COVID-19 pandemic. The hotline can be used by anyone in Scotland looking for guidance on any area of law, property and financial advice - from corporate and employm
Figures released by the Federation of Small Businesses (FSB) in Scotland show that there are thousands of self-employed people in every Scottish local authority area that could require income support during the coronavirus outbreak. Ahead of an expected announcement by Prime Minister Boris Jo
The Chartered Institute of Taxation (CIOT) has welcomed the easing of a tax rule which should lead to the production of more hand sanitizers to deal with the outbreak of COVID-19.