A new £4 million funding stream for the independent museums sector to help bolster resilience following the coronavirus pandemic has been announced by culture secretary Fiona Hyslop. The Museums Resilience and Recovery Fund will provide support for Scotland’s museums and galleries and wi
Search: financial focus
Businesses across almost all sectors in Scotland are experiencing further distress despite the support schemes implemented by the government to help combat the economic impact of the COVID-19 outbreak, according to insolvency firm Begbies Traynor. The country’s beleaguered hotels, bars a
Fife-based vending solutions firm, Ideal Vending and Coffee Services Limited, has secured a £55,000 CBILS funding package from the Royal Bank of Scotland to safeguard the future of the business following the coronavirus pandemic. Specialising in the supply of all vending solutions,
Worries over personal finances have decreased for the first time since the lockdown restrictions were implemented in the UK, according to a new survey conducted by Growth For Knowledge (GFK)
Investing in the Scottish property market will cost up to £26,250 more than England following the recent changes to stamp duty, according to property management firm Apropos. The firm believes that second home buyers, property investors and landlords will be more likely to invest in England as
New research from Rettie & Co has revealed that Land and Buildings Transaction Tax (LBTT) returns were up 1.2% in 2019/20. The firm has also found that LBTT revenues had increased by 10% from the previous year, however, the future remains uncertain due to the severe impact of the coronavirus cri
Neil Coutts, head of the cyber and technology risk capability for KPMG in Scotland, discusses some of the long-term cybersecurity challenges facing Scottish businesses as more people look to work from home in the future. Scotland’s lockdown may be easing, but there’s a growing accep
Scotland’s GDP increased by 1.5% in May, after the sharp falls of 18.9% in April and 5.5% in March, according to statistics announced today by the chief statistician. Although output has picked up slightly in May, it remains 22.1% below the level in February, prior to the direct impacts of the
Renfrewshire Council has unveiled plans for a £1.3 million package of support designed to help local businesses get back on their feet after the coronavirus lockdown. The proposals, including crisis loans, grants and advice services, were based on the results of a detailed survey of local firm
UK banks have backed calls for a student loans-type repayment scheme for firms who have received coronavirus support loans to ensure struggling companies can make loan repayments.
Barclays has launched a new digital advice service to tackle the UK’s advice gap and give more people the confidence and support to invest their savings. The new service, called Barclays Plan & Invest, will create a personalised investment plan that’s tailored to a customer’s g
New research from NFU Mutual has found that just 37.6% of adults in Scotland have ISAs, compared to a UK average of 42.1%.
Chancellor Rishi Sunak has ordered a capital gains tax review as the cost of the coronavirus pandemic mounts for the UK Treasury. The chancellor has asked the Office for Tax Simplification (OTS) to look at the tax, which comes into effect when assets that have increased in value are sold.
In times like these, many business owners and managers are planning the best route to kickstart their business back to growth. We’re working hard to help all our clients restart and revive their business.
Independent fixed income manager Cameron Hume has discussed how attitudes to climate risk can be factored into long term investment decisions and whether those investment decisions can be used to drive the direction of travel with a global response to climate risk.
