The Scottish Chambers of Commerce (SCC) has said that the additional support measures announced by Chancellor Rishi Sunak are essential if businesses are to survive the COVID-19 outbreak.
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Jamie Daniels, director of investment management at Blackadders, provides information on the latest changes in the economic market amid the current coronavirus outbreak. The Covid-19 outbreak is rapidly evolving as we speak and changing on a daily basis, if not hourly!
In collaboration with 19 firms from its international Preferred Firm Network, Burges Salmon has published an interactive report on the regulatory treatment of cryptoassets in jurisdictions throughout the UK and EU. Burges Salmon’s Fintech team has teamed up with Tier One law firms across its P
UK economic growth is expected to slow sharply in 2020 amid disruption caused by the impact of Coronavirus, according to the latest economic forecast by the British Chambers of Commerce (BCC).
Dixons Carphone has announced that it will be closing all 531 of its Carphone Warehouse phone stores in the UK in a move which will cut almost 3,000 jobs.
New measures to limit the impact of COVID-19 on the business community in Scotland, which includes a £320 million support fund, have been announced by Kate Forbes, finance secretary.
Accountancy firm EY has appointed Hywel Ball as its UK & Ireland managing partner and chairman as it prepares for its audit and consultancy divisions to be divided. EY offered the job to Mr Ball after a leadership content where he beat Lynn Rattigan, EY’s current UK chief operating o
Betway has been ordered to pay an £11.6 million fine by The Gambling Commission for failing to ensure that money deposited by gamblers was not obtained through criminal activity.
Smart Metering Systems plc (SMS) has conditionally sold a minority of the group’s meter assets to funds managed by Equitix Investment Management Limited for a total gross cash consideration of £291 million. The group expects to receive net cash consideration of £282m, aft
The British Chambers of Commerce (BCC) has welcomed the Bank of England's decision to cut interest rates, saying that the "decisive action" will "support the economy at this delicate moment". In an emergency response to the economic impact of the Coronavirus outbreak, the Bank of England today
Lloyds Banking Group announced yesterday that it has allocated up to £2 billion of arrangement fee-free finance assigned to specifically support UK SMEs to ensure that they have access to additional finance to overcome any impact COVID-19 causes to their cashflow. The group said that its relat
GCEX (GC Exchange Limited), a fintech specialising in digital assets, has announced that it will open a new facility in Glasgow.
Finance Secretary Kate Forbes has written to Chancellor of the Exchequer Rishi Sunak ahead of the UK Budget, highlighting the key issues the Scottish Government wishes to raise, including: • Income tax• Barnett consequentials• EU funding and the economic impact of Brexit• Police
Stephen Brown has been appointed as the new head of intermediaries at the Scottish Building Society. Mr Brown was a pioneer as one of the UK’s first internet mortgage brokers. In the early 2000’s he moved on to become senior technical manager for moneyQuest who were at the time, Scotland
Jim McConville, the finance director who oversaw the takeover of Standard Life Assurance, has announced that he will step down from Phoenix Group. Mr McConville currently runs the Scottish operations of Phoenix Group and helped carry out the £2.9 billion Standard Life Assurance acquisition dea
