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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

Business activity across Scotland's private sector declined at the quickest rate since the survey began in January 1998 during March due to the coronavirus outbreak, according to the latest Royal Bank of Scotland PMI.

Results from the third British Chambers of Commerce (BCC) Coronavirus Business Impact Tracker have revealed that the majority of businesses responding to the survey have now furloughed a proportion of their workforce, and are awaiting funds from the government’s Job Retention Scheme to enable

The first major survey of Scottish businesses since the coronavirus outbreak has revealed that 85% of firms expect growth in the Scottish economy to be weak or very weak in the next 12 months, marking an increase of 53% in the previous quarter. 

Whilst Scottish surveyors were upbeat about the outlook for the housing market before last month, it is now clear that the current lockdown situation will have a significant impact for the rest of the year, according to the March 2020 Residential Market Survey from the Royal Institution of Char

Scotland's GDP could contract by around 20-25% if the government-imposed coronavirus restrictions remain in place for three months, the University of Strathclyde's Fraser of Allander Institute has warned.

Results from the British Chamber of Commerce's (BCC) first COVID-19 Business Impact Tracker paint a concerning if unsurprising picture for business communities affected by coronavirus, as almost two-thirds of UK businesses reported that they only have three months of cash reserves available.  T

Stock markets have suffered their worst quarter in over thirty years after the coronavirus pandemic has disrupted economies across the globe.

The Royal Bank of Scotland has converted its Edinburgh headquarters in Gogarburn into a distribution centre to supply food and hygiene products to the Trussell Trust food banks and Social Bite. The Scotsman and Royal Bank of Scotland are issuing a call for businesses to donate any non-perishable foo

Manufacturing output expectations dropped to their weakest since the financial crisis, as the COVID-19 outbreak gained pace in the UK and Europe, according to the latest CBI monthly industrial trends survey conducted between 25 February and 13 March.

Springfield Properties, Persimmon and Morgan Sindall have all revealed plans to suspend dividends to shareholders to preserve cash amid the COVID-19 outbreak.

The European business Peer-to-Peer lending industry is expected to reach $6.5 billion in value this year.

In the wake of the coronavirus outbreak, the number of UK companies in financial distress has surpassed half a million.

Key players in the financial services industry are set on a clear pathway towards collaboration, whether they like it or not, according to a new ‘State of the Industry’ report from Barclays Corporate Banking, An ecosystem in transition. Exclusive research from the bank highlights the con

The Scottish private sector economy approached stagnation in February, growing only fractionally, according to the latest Royal Bank of Scotland Purchasing Managers' Index (PMI). At the sector level, a mild decline in services activity almost offset renewed growth in manufacturing production. M