COVID-19



Aberdeen's Hilton DoubleTree enters liquidation

Aberdeen's Hilton DoubleTree has gone into liquidation with the hotel's owners, Ability Hotels, closing the venue with immediate effect yesterday.

Published 21 May 2020

UK Government introduces Corporate Governance and Insolvency Bill

The UK Government has today introduced the Corporate Governance and Insolvency Bill in Parliament, which will put in place a series of measures to amend insolvency and company law to support businesses and to address the challenges resulting from the impact of coronavirus.

Published 21 May 2020

Aurelija Buckute: Four characteristics of a good financial plan

Aurelija Buckute, paraplanner at Mearns & Company, highlights the four characteristics of a good financial plan.

Published 21 May 2020

Scottish Government adds £40m to Business Support Fund

The Scottish Government’s Business Support Fund has been increased by £40 million to provide additional support for key sectors of the Scottish economy.

Published 21 May 2020

Scottish tourism industry at risk of collapse

The Scottish tourism industry is “at risk of total collapse”, according to industry body Scottish Tourism Alliance (STA).  

Published 21 May 2020

FSB: Scottish grants figures show scope to expand help

The Federation of Small Business (FSB) has said that the Scottish Government's grant figures show scope to expand the help which has been offered to businesses in Scotland. 

Published 21 May 2020

ONS: 65% of Scottish businesses report decrease in turnover amid coronavirus pandemic

According to the latest figures from the Office for National Statistics (ONS), 65% of Scottish businesses have reported a drop in turnover outside of the normal range between April 20 and May 3.

Published 21 May 2020

MSPs call for significant changes to debt solution

The Scottish Parliament's Economy, Energy and Fair Work Committee has today published a report on protected trust deeds citing that changes are needed to make the debt solution more effective in supporting people who are in debt.

Published 21 May 2020

ICSA: Companies take mixed approach to salary sacrifice during COVID-19

Companies and other organisations are taking a mixed approach to salary sacrifice during the coronavirus pandemic, according to a poll from The Chartered Governance Institute (ICSA) and The Core Partnership.

Published 21 May 2020

And finally... blown up out of all proportion?

South Korea's professional football league has imposed a record fine on one of its clubs for placing sex dolls in the empty seats of a stadium during a recent football match played without spectators due to the coronavirus pandemic.

Published 21 May 2020

Scottish Building Society calls for property sales tax holiday

The Scottish housing market could recover quicker from coronavirus than the last financial crash if the government freezes sales taxes to help home buyers, according to Paul Denton, CEO of Scottish Building Society.

Published 20 May 2020

The McGinty’s Group secures six-figure CBILS funding package from RBS

Aberdeen-based hospitality powerhouse, The McGinty’s Group, has secured its future thanks to a six-figure CBILS funding package from Royal Bank of Scotland which will be used to help the business emerge from the coronavirus pandemic.

Published 20 May 2020

Graeme Allan: Plan ahead for the next normal

Graeme Allan, chief executive of Anderson Anderson & Brown, reflects on the changes and challenges currently experienced as a result of the coronavirus crisis and considers what's next as we plan ahead for the 'next normal'.

Published 20 May 2020

Granite Systems Limited secures six-figure CBILS loan from Bank of Scotland

Kirkcaldy-based Granite Systems Limited, a manufacturer of granite, stone and marble kitchen worktops, has secured a six-figure funding package from Bank of Scotland, enabling the business to continue its operation during the COVID-19 outbreak.

Published 20 May 2020

SRC-KPMG: Silence befalls high streets amid coronavirus lockdown

Total sales in Scotland have plummeted by 40.3% compared with April last year, according to the latest Scottish Retail Consortium (SRC) and KPMG Scottish Retail Sales Monitor.

Published 20 May 2020