Uk Government

The UK Government has extended the maximum loan size available through the Coronavirus Large Business Interruption Loan Scheme (CLBILS) from £50 million to £200m. The move aims to ensure those large firms which do not qualify for the Bank of England’s COVID Corporate Financing Faci

Small firms in the UK have received £8.4 billion through the UK Government's "bounce back" loans scheme since the loans were launched last week

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.

The UK Government has announced that small businesses will benefit from a new fast-track finance scheme providing loans with a 100% government-backed guarantee for lenders. Under the new initiative, businesses will be able to borrow between £2,000 and £50,000 and access the cash within d

Fergus Ewing, tourism secretary for Scotland, has written to the UK Government calling for it to amend its job retention scheme to help tourism businesses survive the economic impact of the coronavirus (COVID-19) pandemic. In a letter to Nigel Huddleston, minister for sport, tourism and heritage,&nb

The UK Government has unveiled a £1.25 billion package to support start-ups that are not eligible for existing coronavirus funding schemes.  The new scheme will match up to £250 million of private investment and add £550m to an existing loan and grant scheme for smaller f

The UK Treasury has announced that loans to all medium-to-large firms will now be included in the government's £330 billion coronavirus support package for the economy. All viable companies with a turnover of more than £45 million will be able to apply for government-backed support, including thos

Two hundred and fifty accountancy firms have written to the UK Government calling for more help for small enterprises.

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

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. 

Opportunity North East (ONE) has announced that the Centre of Excellence for Food and Drink Industry has secured £10 million of capital funding from the UK Government and the Scottish Government. The food and drink development hub secured the funding through the Aberdeen City Region Deal.

A greater proportion of smaller Scottish firms are dissatisfied with their broadband service compared to the UK as a whole, Federation of Small Businesses (FSB) research reveals.

Argyll and Bute Council has welcomed the announcement of a £50 million Rural Growth Deal as a "transformational vote of confidence" in the area. The announcement was made yesterday as Treasury officials confirmed the UK government's £25m contribution to the deal would be finalised &ldquo

British public relations company Quatro is to open its first base in Scotland.

A survey conducted by Which? has found that more than one-third of Scotland's bank branches have closed down within the last five years.