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The High Court in London has handed down judgment in a test case concerning how business interruption insurance policies should be interpreted during COVID-19. The court found in favour of the arguments advanced for policyholders by the Financial Conduct Authority on the majority of the key issues.

Edinburgh-based Boxergy, Ember Core, Reath, and Topolytics have been selected to join Tech Nation’s Net Zero programme. The programme has been designed to support 30 of the UK’s most promising scale-ups that are contributing to the UK reaching its goal of net zero greenhouse ga

Duncan Milne warns employers over claims arising from the pandemic. An increase in whistleblowing claims over the coming months is inevitable. There are two main reasons for this. Firstly, according to HM Revenue and Customs (HMRC), the furlough fraud reports are now sitting at around 8,000. This fi

Edinburgh-based private bank Hampden & Co has posted continued strong growth in lending and deposits in the first half of 2020 despite the headwinds of the coronavirus pandemic.  Despite the COVID-19 lockdown and the reduction of UK base rates to historic lows, the bank grew its deposi

The Financial Conduct Authority (FCA) has today published the findings of a review into relending by firms that offer high-cost credit. The review, which was completed prior to the coronavirus pandemic, highlights concerns about poor practices by some firms and notes that nearly half of consume

Mark Bustard, CEO of The Industrial Biotechnology Innovation Centre (IBioIC), details Scotland can grow a clean, sustainable economy in the wake of the coronavirus pandemic.  The idea of a net-zero carbon emissions and zero waste economy isn’t as far- fetched as some may think. The k

In light of the difficult trading situation amid the COVID-19 pandemic, Dundee-based restructuring and insolvency specialists Dunedin Advisory details how business debt arrangement schemes can help firms through these times. Dunedin Advisory has said it may be necessary for firms to consid

New orders in the Scottish manufacturing sector fell at a record pace in the three months to July, according to the latest quarterly Scotland Industrial Trends Survey.

A round-up of business news from across Scotland featuring: The University of Strathclyde's digital whisky cask filling solution, John Lowrie Morrison's lockdown photo project, Blue Box Design's premium whisky packaging, PhysioWizard's new self-assessment neck and back pain tool, 

Nimesh Shah, partner at Blick Rothenberg, discusses the implications of tax simplification ahead of chancellor Rishi Sunak's tax 'raid'. The Chancellor has asked the Office of Tax Simplification (‘OTS’) to review the Capital Gains Tax (‘CGT’) rul

Homebuyers will be able to take advantage of reduced rates of Land and Buildings Transaction Tax (LBTT) from this week, after finance secretary Kate Forbes responded to calls for a quick implementation of the change. The threshold at which LBTT begins to be paid will rise from £145,000 to &pou

Perthshire-based enterprise support organisation GrowBiz has launched the first multi-million-pound campaign of its kind to support the thousands of micro-enterprises across rural Scotland disproportionately affected by the coronavirus pandemic. Over 60% of rural and island businesses in Scotland ha

Retail property company Intu, the owner of the Braehead complex near Glasgow, is bracing for administration as it appointed KPMG as a "contingency" in case funding talks fail.

Edinburgh-based start-up One Year No Beer has launched a £1.4 million funding round on Seedrs. The firm provides online support for surviving modern alcohol-free society has already attracted £1.1m investment in the private stages of the funding round and has now opened the campaign to t

The Scottish Land Fund has awarded the Langholm Initiative charity £1 million towards the purchase of 10,500 acres of Langholm Moor in the south of Scotland, which would see the local community creating a vast new nature reserve.