Search: financial focus

The UK new car market declined again in October, with registrations falling by 1.6% year on year, according to the latest figures published today by the Society of Motor Manufacturers and Traders (SMMT).

Businesses must prioritise cash flow management and ensure they have access to sufficient levels of funding as the coronavirus second wave tightens its grip, according to accountancy firm Johnston Carmichael.  As England enters another national lockdown and Scotland faces ongoing uncertainty am

Alan McIntosh, a money advisor, discusses the impacts of COVID-19 on the personal finances of Scots. 

More Scottish companies are expected to sell and lease back their premises as they explore alternative ways of raising capital and strengthening their balance sheets, according to analysis from Knight Frank. The firm found that £1.05 billion has been raised by companies selling and leasing bac

Payday loan firms and doorstep lenders are cashing in on the coronavirus pandemic as they issue families struggling financially with loans at interest rates of up to 1,700%.

Andrew J.P Wilson, dispute resolution partner at Wright Johnston & Mackenzie, discusses the recent changes to the coronavirus job support scheme. On 22 October 2020, The government published a Policy Paper which provides additional details in relation to the Job Support Scheme, which is due to o

Mortgage approvals reached a thirteen-year high of 91,454 in September, according to new data from the Bank of England.

Urgent action is needed to help families repair their finances to stay afloat over the coming months in the face of a COVID-19 winter, according to a new report from IPPR Scotland.

Scottish SMEs have fallen behind the rest of the UK in R&D tax relief claims, according to funding consultancy firm Leyton.

National Savings & Investments (NS&S) has said that it could cut interest rates further and close products after savers invested a record sum of nearly £40 billion during the coronavirus lockdown.

UK regulators have fined Goldman Sachs almost £100 million as part of a $2.9 billion settlement with authorities around the world for the investment bank’s role in Malaysia’s 1MDB scandal. Yesterday, the Prudential Regulation Authority (PRA) fined the bank £48.3m —

The Institute of Directors (IoD) is urging the UK Government to reinstate a key insolvency protection for company directors to prevent a sharp rise in insolvencies as restrictions come into place across the country. Earlier this year, the government suspended ‘wrongful trading’ rules, un

The accounting industry is turning to artificial intelligence (AI) to help to detect fraud and prevent further scandals.

Finance secretary Kate Forbes has called on the UK Government to provide appropriate funding to support businesses and communities, the wider supply chain and individuals negatively impacted or forced to close due to lockdown restrictions. In a letter to Chancellor Rishi Sunak, Ms Forbes said any su

Glasgow-based digital pharmacy Phlo Digital Pharmacy is set for expansion after it broke its £1.65 million crowdfund target on the day of launch. The firm, which launched in November 2019, now plans to extend their crowdfunding campaign hosted on Crowdcube due to the high levels of demand.