The UK Treasury has announced that loans to all medium-to-large firms will now be included in the government's £330 billion coronavirus support package for the economy. All viable companies with a turnover of more than £45 million will be able to apply for government-backed support, including thos
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Eilidh Mactaggart has been appointed the first CEO of the Scottish National Investment Bank. With over 20 years of global experience in banking and investment management, she will lead the Bank’s mission-based approach to investing in Scotland’s economy.
BDO is the latest major accountancy firm to announce cuts to partners remuneration and the furlough of staff with the firm decreasing partner pay by a fifth amid the coronavirus pandemic. BDO, which is the fifth-largest accounting group in Britain by revenues, told its 5,500 employees yesterday
Lloyds Banking Group partners with We Are Digital to provide digital tablets to vulnerable customers
Lloyds Banking Group has partnered with We Are Digital in a new initiative which has provided 2,000 digital tablets and vital support to 20,000 vulnerable customers facing difficulties during the coronavirus pandemic.
Stimulus cheques which are due to be sent out to US residents may be delayed after Donald Trump ordered that the US Treasury prints his name on them. The US Treasury Department ordered the Internal Revenue Service to mark the cheques with President Trump's signature on Monday evening.
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.
ESPC has studied some of the effects of the coronavirus pandemic on the property market, looking at how the market and agents have adapted to the current circumstances and what the future may hold.
Business optimism across the UK fell by its largest-ever margin in March, thanks to the current coronavirus crisis, according to figures from the latest BDO Business Trends report.
Anderson Anderson & Brown LLP (AAB) has been collaborating with the Scottish Business Resilience Centre (SBRC) to deliver a series of webinars aimed at helping businesses to mitigate the disruption caused by the COVID-19 pandemic. As supporters of the SBRC, AAB has been providing input to t
The Pensions and Lifetime Savings Association (PLSA) is reminding pension schemes to be watchful of how the companies in which invest respond to the COVID-19 pandemic and be prepared to hold directors to account as decisions now may impact their long-term investment prospects. PLSA has said tha
The board of directors of the Edinburgh-headquartered bank Hampden & Co has announced that Simon Miller is set to become its new chairman. Mr Miller will rejoin the private bank he helped found under its original name, Scoban, in 2010. Scoban was rebranded as Hampden & Co in 2014 and opened
Wylie & Bisset has launched a helpline to deliver free business advice to help steer local businesses through the coronavirus lockdown period. The impetus for setting up the helpline is to assist those businesses that, through no fault of their own, find themselves confronting various press
“Extreme pressure” is being placed on the Scottish construction industry due to the lack of detail for the UK Coronavirus Job Retention Scheme, a building company has warned.
Cash in transit company RMS Group is to open a new centre in Inverness as part of its expansion strategy.
Mark Brown, audit, accounts and business assurance partner at Meston Reid & Co, details the options available for businesses during the current coronavirus pandemic. We know things can change quickly in the world of business, but this is altogether new territory for companies across Scotla
