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The banking and finance sector has lent over £2.8 billion to SMEs so far through the Coronavirus Business Interruption Loan Scheme (CBILS), according to the latest data from UK Finance.

Widespread business shutdowns at home and abroad in response to the coronavirus pandemic has unsurprisingly resulted in a rapid reduction in UK private sector output during April, according to latest IHS Markit/ CIPS Flash UK Composite PMI.

Accountancy firm Grant Thornton has issued pay cuts and slashed the hours of an estimated 300 UK employees as the firm attempts to reduce running costs without drawing on government coronavirus support. Grant Thornton said that some teams in areas where the firm was less busy would be working &

Jonathan Young, a member of Johnston Carmichael's financial planner support team, discusses why investors shouldn't run from negative returns during the coronavirus outbreak.  Whilst the impact of the coronavirus crisis (COVID-19) is still being measured around the world, and in some ways is im

Pension consultancy firm LCP has warned that hundreds of companies are expected to ditch attempts to fill shortfalls in their pension schemes during the coronavirus crisis.

The announcement on Friday of a further £3.5 million to help large sea fishing vessels brings the total made available to the seafood industry by the Scottish Government from new and existing funds to £22.5m.

With bars and restaurants across the UK reeling from the impact of social distancing measures, the latest Red Flag Alert data from insolvency specialist Begbies Traynor shows that the sector in Scotland was already under severe pressure with instances of ‘critical’ financial distress in

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

Lyn Calder, Anderson Anderson & Brown's (AAB) corporate finance manager and managing partner, has offered some practical advice to firms during the current coronavirus crisis. The UK and Scottish Governments are acutely aware the financial impact of the lockdown on businesses and the economy as

Berwickshire Housing Association has announced its new partnership with Allia C&C to support the financing of its ongoing development programmes across Berwickshire for affordable housing and its vision to create thriving rural communities. The new development at Springfield, Duns

Gordon Deane, a partner with legal firm Balfour+Manson, discusses the Financial Conduct Authority's (FCA) guidance on temporary consumer protection in the face of the current coronavirus crisis. The Financial Conduct Authority has implemented temporary measures to offer support to consumers imp

The Scottish Government has announced a £3 million support package for the Scottish aquaculture sector to help businesses threatened by the effects of the coronavirus pandemic.

British high street retailers Oasis and Warehouse are expected to appoint Deloitte as administrator this week. The move would put 2,300 jobs at risk for the staff who work at the 90 stores operated by the two firms across the UK.

Anderson Anderson & Brown Corporate Finance (AAB) has released its quarterly deals and update for Q1 2020, highlighting selected M&A and fundraising transactions across Scotland. AAB said that with the current coronavirus pandemic wreaking havoc globally, financial markets faltering and a ge

A £30 million pledge to support Scottish charities through the coronavirus crisis is welcome but will not tackle the immediate cash flow problems leaving many in a fight for survival, lawyers have warned. Alastair Keatinge and David Dunsire from Lindsays are advising a string of