COVID-19



Scottish Government calls for National Debt Plan

Finance secretary Kate Forbes has urged the UK Government to introduce a range of vital new measures to support Scotland’s response to the current economic crisis brought about by the coronavirus pandemic.

Published 6 July 2020

Scottish Government announces £10m fund for performing arts venues

The Scottish Government has launched a £10 million fund to support Scotland's performing arts venues.

Published 6 July 2020

A quarter of Scots increase savings during COVID-19

Over a quarter (27%) of Scots have been able to increase the amount they save since the start of coronavirus, according to new research from financial services firm Aegon.

Published 6 July 2020

Payment freeze for car finance and high cost credit products extended

The Financial Conduct Authority (FCA) has confirmed that motor finance customers, those paying for high-cost credit products such as buy-now pay-later (BNPL), rent-to-own (RTO) and pawnbroking customers can receive a payment freeze until October this year if they are facing payment difficulties due to COVID-19.

Published 3 July 2020

ClearWater Hygiene on target for £30m revenues in fight against COVID-19

ClearWater Hygiene, an Edinburgh-headquartered business launched just 12 weeks ago in response to the coronavirus outbreak, is now on course to generate more than £30m in revenue after securing a raft of significant corporate contracts across the UK.

Published 3 July 2020

Business welcomes further easing of Scottish lockdown restrictions

Business organisations across Scotland have welcomed First Minister Nicola Sturgeon's latest announcement on the easing of lockdown restrictions in Scotland.

Published 3 July 2020

Industry experts submit action plan to limit unemployment in Scotland

A group of industry experts have submitted an action plan to the Scottish Government in an attempt to limit unemployment caused by the economic impacts of coronavirus.

Published 3 July 2020

Remake secures £56,852 funding package from The National Lottery Community Fund

Environmental charity Remake, which is based in Crieff, has secured £56,852 from the Scottish Government’s Supporting Communities Fund through The National Lottery Community Fund.

Published 3 July 2020

Virgin Money resumes Clydesdale branch closures plan

Virgin Money, the owner of Clydesdale Bank, has announced that it will resume plans for branch closures in Scotland which it halted due to the coronavirus pandemic.

Published 2 July 2020

RSM supports Edinburgh fashion firm Lost Stock with financial management assistance

Audit, tax and consulting firm RSM is lending its support to Edinburgh-based retail firm Lost Stock by helping to run its day to day finances.

Published 2 July 2020

Audit firms introduce measures to improve evaluation of going concern assessments

Since the start of the coronavirus crisis, audit firms across the UK have introduced a range of additional measures to improve their evaluation of companies’ going concern assessments.

Published 2 July 2020

Covid Haar lifts for Scotland’s Masterchef finalist

A Scottish Masterchef finalist and restaurateur has taken some of his staff off furlough and re-employed them at his award-winning restaurant after being inundated with orders from across the UK for his home deliveries of fine dining lobster dinners.

Published 2 July 2020

SCC: VAT cut needed for Scottish hospitality and tourism sector

The Scottish Chambers of Commerce (SCC) has called for VAT to be cut in the hospitality and tourism industry to help businesses who have been hit the hardest by the coronavirus pandemic.

Published 2 July 2020

LendingCrowd approved as new CBILS lender

Edinburgh-based fintech lending platform LendingCrowd has been approved for accreditation by the British Business Bank as a new lender under the Coronavirus Business Interruption Loan Scheme (CBILS).

Published 1 July 2020

Smart Metering Systems returns furlough money to UK Government

Smart Metering Systems (SMS), the Glasgow-based energy tech firm, is returning its furlough cash received from the UK Government.

Published 1 July 2020