COVID-19



Scottish business broadly welcomes chancellors 'tax less, spend more' statement

In yesterday's summer economic statement, chancellor Rishi Sunak announced a number of measures aimed at supporting the UK economy in the wake of the coronavirus pandemic, such measures include a temporary 5% VAT cut for the food and hospitality industry.

Published 9 July 2020

CBRE: Edinburgh sees 'record low' number of office take up deals

Edinburgh saw a record low number of office take-up deals in the second quarter of this year as the coronavirus pandemic heavily impacted the sector, according to the latest office market figures from CBRE.

Published 9 July 2020

Wylie & Bisset: Hospitality operators facing financial difficulties should apply to RPS for help

Ahead of the reopening of pubs and restaurants on July 15 as lockdown measures are eased, chartered accountancy firm Wylie & Bisset is advising those hospitality sector operators facing financial difficulties because of the coronavirus to consider applying to the Redundancy Payments Service (RPS) for financial assistance.

Published 8 July 2020

RBS: Scotland sees further drop in hiring activity in June

Hiring activity across Scotland continued to decline during June, with both permanent staff appointments and temporary billings falling amid reports of further delays to hiring decisions, according to the Royal Bank of Scotland's latest report on jobs.

Published 8 July 2020

Scottish Government issues fresh call for new financial powers

The Scottish Government has issued a fresh call for the UK government to ease the financial restrictions imposed on devolved governments so they can better respond to the COVID-19 crisis.

Published 8 July 2020

Scottish Wholesale Association calls for increased funding for food and drink wholesale firms

Scottish wholesale firms are urging Chancellor Rishi Sunak to extend business rates relief to the wholesale sector to bring it into line with its customers in tourism and hospitality.

Published 8 July 2020

Archangels leads further investment in Scottish innovators during lockdown

The Edinburgh-based business angel investment syndicate, Archangels, has led investment of £3.3 million in innovative Scottish companies during the coronavirus lockdown. 

Published 7 July 2020

Jackie Fraser: Time for tourism to gear up for reopening

Jackie Fraser, Inverness-based partner at accountants Chiene + Tait, details the reopening of Scotland's tourism sector after the coronavirus lockdown.

Published 7 July 2020

Sterling Sinclair Removals secures £50,000 bounce back loan from Barclays

Stirlingshire removal firm Sterling Sinclair Removals (SSR) which has been supporting NHS Forth Valley with vital equipment delivery throughout the coronavirus pandemic has secured crucial funds, thanks to a £50,000 Bounce Back Loan from Barclays.

Published 7 July 2020

Sean McGinness: COVID-19 impact on land sales – way forward for landowners becoming clearer

Following the reopening of construction sites in Scotland, Sean McGinness believes the picture should start to become clearer for rural landowners who are in discussions with housebuilders and developers regarding potential new developments and land sales.

Published 7 July 2020

Barrhead Travel announces redundancies

Barrhead Travel has announced that it will be making staff redundant after the coronavirus pandemic and the travel restrictions which followed it had caused "a drop in customer confidence".

Published 7 July 2020

Stephen McGowan: Three steps forward for Scottish hospitality industry

Stephen McGowan comments on the latest lockdown updates for the hospitality industry.

Published 7 July 2020

CV Library: Competition for jobs intensifies across Scotland as applications soar

Competition for jobs across Scotland has intensified as job applications soared by 15.7%, according to the latest job market report from CV-Library.

Published 7 July 2020

Scottish property developments to be delayed due to wary investors

Important property developments in Edinburgh and Glasgow are to be delayed by at least six months as investors are becoming increasingly wary of funding new opportunities amid the coronavirus pandemic. 

Published 6 July 2020

Niall Brown: Glass half full for Scottish whisky investors

In light of recent updates from the US on new tariffs applied to $3.1billion of European goods, of which Scotch Whisky is included (already with a 25% tariff), Niall Brown, senior portfolio director of Braeburn Whisky comments on how this will impact whisky cask investment and why it could be beneficial for investors.

Published 6 July 2020