Scottish Chambers Of Commerce

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. The cut marks a significant reduction from t

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

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.

Yesterday, First Minister Nicola Sturgeon announced further changes to lockdown restrictions with all retail premises with outdoor entrances and exits allowed to re-open from Monday 29.

Scotland's unemployment rate is now the highest in the UK, according to the latest Labour Market Statistics from the Office for National Statistics (ONS).

Chancellor Rishi Sunak has announced that the UK's coronavirus furlough scheme implemented to save jobs during the coronavirus crisis, will finish at the end of October. Mr Sunak also highlighted that employers will have to start sharing the cost of the scheme. From August, employers must pay Nation

The Scottish Government has issued guidance for the manufacturing and retail industries detailing the steps to be taken as Scotland eases its lockdown restrictions.

A route map setting out a phased approach to easing lockdown restrictions while still suppressing coronavirus has been published by the Scottish Government.

The Scottish Government’s Business Support Fund has been increased by £40 million to provide additional support for key sectors of the Scottish economy. This extra funding will be split between the Pivotal Enterprise Resilience Fund, which has increased by £30m to £120m, and

Scottish businesses hit by the coronavirus lockdown could be ready to hit the ground running once they are given clear guidance from the Scottish Government on returning to work, according to a new survey by the Scottish Chambers of Commerce.

Chancellor Rishi Sunak has announced that the UK Government's job retention scheme has been extended until October.  The scheme will ensure that workers who have been furloughed because of the coronavirus pandemic are paid 80% of their monthly wages up to £2,500.

Scottish businesses are facing a catastrophic decline in cashflow due to the impact of the coronavirus pandemic and are coming up against barriers in government support, according to a new survey conducted by the Scottish Chambers of Commerce (SCC).

The Scottish Government has announced that support for the newly self-employed and firms suffering hardship to be paid in early May. Economy secretary Fiona Hyslop has confirmed that grant funding for the newly self-employed suffering hardship and SMEs in distress will be available in the coming day

Chancellor Rishi Sunak has announced further measures to support firms affected by the coronavirus crisis, by bolstering business interruption loans for small businesses and announcing a new scheme for larger companies. To maximise the support available, the Chancellor is extending the Coronavirus B

Chancellor Rishi Sunak has announced support measures for those who are self-employed and hit by the coronavirus outbreak. Mr Sunak announced, if they have suffered a loss in income, a taxable grant will be paid to the self-employed or partnerships, worth 80% of their profits up to a cap of £2