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Glasgow-based construction firm PVP Developments has secured a £750,000 CBILS loan from Bank of Scotland.  The firm, which is currently delivering a £10 million luxury apartment scheme in Yorkhill, Glasgow, is planning to re-open sites in the coming weeks after securing a £750

Shellfish growers and trout producers will receive a share of £800,000 of Scottish Government funding to help make improvements to their businesses to mitigate the impact of the global coronavirus pandemic. The grants from the European Maritime Fisheries Fund (EMFF) to 11 aquaculture businesse

Global dividends are expected to fall by as much as 35% this year, according to the latest Global Dividend Index from Janus Henderson.

Dundee-based Alliance Trust Savings (ATS) has been censured by the Information Commissioner over the use of a mobile app which allowed it to access an “excessive amount” sensitive personal data of its employees, The Courier has reported. The Information Commissioner ruled that the financ

Alan McIntosh explains why it is "vital" that the amendments proposed by Jackie Baillie MSP to the latest coronavirus bill are implemented. The role of the Scottish Government in this crisis is to protect its citizens, and as we move through this COVID-19 crisis and diverge from the rest of the

Rakkaus Furniture Ltd, a Kilmarnock-based commercial furniture provider, is one of the first businesses to benefit from the Coronavirus Business Interruption Loan Scheme (CBILS) through Virgin Money-owned Clydesdale Bank. CBILS is a UK Government initiative facilitated by participating banks to

The Association of British Insurers (ABI) has welcomed today’s government announcement that it intends to develop a government-backed temporary reinsurance scheme to help businesses recover from the impacts of coronavirus. The scheme could help speed up the economic recovery, ensuring the cont

The Financial Reporting Council (FRC) is encouraging firms to make use of the extension announced by the Financial Conduct Authority (FCA) to the deadline for publication of audited annual financial reports from four to six months from the end of the financial year. The body said that companies

A managing partner of Anderson Anderson & Brown (AAB) has urged more businesses to apply for the government COVID-19 loan schemes with the aim of positioning themselves strongly for the ‘new normal’. Lyn Calder, who is also the firm’s head of deals for the Central Belt, said th

The banking and finance sector has lent over £5.5 billion to SMEs through the Coronavirus Business Interruption Loan Scheme (CBILS) so far, according to the latest data from UK Finance.

A £5 million fund will offer interest-free loans to landlords whose tenants are having difficulty paying rent during the coronavirus crisis.

The Financial Conduct Authority (FCA) has today announced it intends to seek legal clarity on business interruption insurance to resolve doubt for businesses who are facing uncertainty on their claims. It is also proposing a series of measures to support both consumers and businesses who hold insura

High-street fashion chains Oasis and Warehouse are to close permanently with 1,800 employees set to lose their jobs after administrators Deloitte failed to find a buyer to rescue the firm. Deloitte was appointed administrators of the retailer in April.

The banking and finance sector has lent over £4 billion to SMEs through the Coronavirus Business Interruption Loan Scheme (CBILS) so far, according to the latest data from UK Finance.

Scottish Land & Estates (SLE) has appointed Mark Tennant as its new chairman. Mark Tennant and his family run the Innes Estate in Moray. He is a former chairman of Scottish Financial Enterprise and former deputy chairman of the Scottish Government’s financial services advisory board.