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Scotland's insolvency service Accountant in Bankruptcy (AiB) has suspended sales and evictions from property in ongoing bankruptcy administrations until further notice in response to the current coronavirus pandemic. New measures and greater flexibility are also being introduced by AiB - Scotla

Kingdom Housing Association has taken the decision to settle invoices immediately in recognition of the increasing importance of cash flow to its commercial partners during the current period of coronavirus uncertainty.   A major employer and engine of economic activity across Fife, not le

Yesterday, economy secretary Fiona Hyslop announced a series of measures to mitigate the economic impact of the coronavirus on businesses in Scotland, including a £2.2 billion for businesses. In her statement, Ms Hyslop warned that as a result of coronavirus, the Scottish economy is facing an

Hundreds of customers are being refunded a share of £380,000 after insurance company Paymentshield failed to send important information about PPI policies. The Competition and Markets Authority (CMA) has issued Paymentshield with legally binding directions after it failed to send payment prote

Challenger bank Revolut has launched a banking app for kids. 

Poor weather across Scotland has decreased retail demand in Scotland, according to the Scottish Retail Consortium and KPMG Scottish Retail Sales Monitor for February 2020.

Over two-thirds of UK SMEs (69%) have reported significant pressures on their cash levels according to the latest insights from business lender MarketFinance.

The Financial Reporting Council (FRC) has today issued updated guidance for auditors which may be facing practical difficulties in carrying out audits as a result of the COVID-19 pandemic (coronavirus).

Scottish member companies of the Building Engineering Services Association (BESA) say the current practice of withholding cash retentions is hugely damaging for many Scottish construction SMEs and is leading to widespread insolvencies.

Power Jacks, an Aberdeenshire-based design and manufacturing firm, has secured £9.5 million worth of export contracts thanks to support from UK Export Finance. The company provides electromechanical lifting solutions for use in a range of sectors, including civil engineering, energy, defence,

One in three adults in Scotland (34%) say they would be most likely to take on extra debt if they were faced with a sudden gap in their finances, according to new research from insolvency trade body R3.

Royal Bank of Scotland has said it will defer mortgage and loan repayments for a period of three months, for customers who have been affected by the Coronavirus outbreak.

Barclays has supported the recent refurbishment of iconic Loch Lomond destination, Duck Bay, which has unveiled a new look restaurant, coffee shop and bar.

Edinburgh-based fintech Modulr has announced it has joined Visa as a principal issuing member, granting it direct access to the industry-leading global payments network. The new partnership will add extra functionality and benefits to Modulr’s offering, including optimised pricing, improved sp

Scottish entrepreneur Liz Watson has purchased her first business in East Kilbride using a six-figure funding package from HSBC UK. Ms Watson established a new company, Redloan Holdings, to purchase The Mobility Centre from original owners Susan and Stephen Laughlin who have now retired. T