Search: financial focus

The Institute of Directors (IoD) is urging the Chancellor to put entrepreneurs at the heart of the recovery, and avoid damaging tax hikes, in its Budget submission published today. As well as calling for an extension of measures to deal with the ongoing economic impact of COVID-19, the Institute cal

Telecommunications giant BT Group has boosted the Scottish economy by £1.2 billion last year, according to an independent report by consultancy firm Hatch.

A coronavirus resilience fund for legal aid firms and law centres, worth up to £9 million, has opened for applications. The Coronavirus Resilience and Recovery Fund for Legal Aid has been created to provide financial support to enable legal aid services to the public to continue - assisting th

All FinTech Scotland and Scottish fintech firms have today signed the FinTech For All charter. The charter is an industry-led initiative to promote diversity and inclusion in fintech. It was established in 2020 and is a commitment to use diversity and inclusion as a force for innovation and gro

BNI Scotland North, a networking organisation that generated £14 million worth of business for members in the past year, is to launch two new groups. Despite the ongoing COVID-19 crisis, BNI Scotland North plans to grow its portfolio of chapters from 15 to 17 with the addition of the new onlin

Chancellor Rishi Sunak has announced a 'pay as you grow' system for UK firms allowing them to extend COVID-19 Bounce Back loans from six to ten years. The announcement means that from today, the 1.4 million UK small businesses that borrowed money from the bounce back loan scheme will be more protect

Government proposals to shake up the UK's audit industry could hit directors with big fines or bands for errors in their companies' accounts.

Nearly a third (32%) of people in Scotland say they are financially worse off than they were before the UK first went into lockdown in March, according to new research by Shawbrook Bank.

British households repaid the most money borrowed on credit cards and loans in 2020 since records began despite the economic uncertainty caused by the coronavirus pandemic.

Over £40 million of coronavirus business support has been provided by Scottish Borders Council to businesses across the region to date. The funds have been administered by the council on behalf of the Scottish Government to mitigate the immediate financial challenges businesses have faced as a

Virgin Money, owner of Glasgow-based Clydesdale Bank, has added fintech Codat to its growing team of technology partners as it strengthens its digital business banking credentials. London-headquartered Codat’s financial technology offer will play a key role in allowing seamless and s

The Scottish Government is set to scrap the Help to Buy scheme from this week after announcing it is no longer able to financially support the initiative.

Lloyds Banking Group, which owns Halifax and Bank of Scotland, has introduced new home-mover house purchase mortgages for borrowers with deposits as low as 10%. The deals will expand the banks’ low deposit offering beyond only first-time buyers, to existing homeowners looking to move.

The Scottish Hospitality Group (SHG) has welcomed the news of a three-month rates relief extension and a reduction in the poundage to 49p, announced in the Scottish Government budget, although it has warned the financial aid for the hospitality industry doesn’t go far enough to suppo

Moray-based accountancy firm Goldwells has expanded its Moray operations with the appointment of Ranald MacDonald. Mr MacDonald has joined Goldwells Elgin at its Wards Road office in the city centre and will share his time between Goldwells’ Elgin and Buckie branches.