Kris Keane, director at big-four audit firm Deloitte, details how firms can emerge from lockdown stronger than when they entered it. A typical crisis plays out over three time frames: ‘respond’, in which a company deals with the present situation and manages continuity; ‘recover&rs
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Melrose-based housebuilder Rural Renaissance Limited (RRL) has secured a six-figure funding package from Bank of Scotland to support its working capital, enabling it to continue to pay suppliers and honour its contractual commitments during the coronavirus crisis. RRL is parent company to
Business advisory firm FRP Advisory has appointed Chad Griffin as its new partner to be based in Scotland. Mr Griffin joins FRP Advisory from FTI Consulting in London, an independent practice that he helped launch and grow for the last 15 years.
A joint venture owned by property entrepreneurs Bruce Linton and David Cameron has acquired north-east housebuilder Scotia Homes for an undisclosed sum. The Ellon firm said it had been acquired by Camlin Group, with the size of the majority stake also undisclosed.
Ondine, one of Edinburgh’s finest seafood restaurants, has secured a £50,000 Bounce Back Loan from Barclays.
In the last two years, the Competition and Markets Authority (CMA) has secured more than £47 million in refunds for customers whose banks failed to properly warn them about unarranged overdraft charges.
One in four UK businesses using the Coronavirus Job Retention Scheme have warned that they will not be able to top up salaries after the scheme is cut back in September, according to a new survey released by the Institute of Directors (IoD). The UK Government announced earlier this month that it wou
Lanarkshire-based Iain Potter Construction (IPC) is anticipating an increased workload amid the current coronavirus pandemic after the firm secured a has secured a six-figure CBILS loan from Bank of Scotland to help it stave off the impact of the coronavirus pandemic.
A round-up of business news from across Scotland featuring: Alpha Solway's visor production for the NHS, Edinburgh Gin's new Gin Fizz, Smarter Grid Solutions' £20 million R&D milestone, Sunamp's £50,00 grant from Innovate UK, Pneumagen's £4m invest
The coronavirus lockdown has damaged the confidence of Scottish businesses so badly that 61% fear they will go bust despite government support, according to a new survey of Scottish businesses conducted by Scotianomics. More than 400 companies, working across 17 broad sectors, took part in the
Thousands of small businesses say they are firefighting immediate concerns such as cashflow pressures and resuming operations safely ahead of lockdown lift, according to the latest research from Association of Chartered Certified Accountants (ACCA). The partnership study with The Corporate Fina
The coronavirus lockdown is helping to accelerate take-up of digital banking services amongst consumers in Scotland, with many feeling more confident about using online and mobile channels, according to new research from Virgin Money.
Andrew Findlay, the finance director at easyJet, is to step down from the company in May next year.
More than £35 million of Venture Capital (VC) was invested into Scottish start-ups in the first quarter of 2020, ahead of the UK’s COVID-19 lockdown, according to KPMG’s latest Venture Pulse survey. The figures, compiled by Pitchbook, reveal that eighteen deals were secured in Q1 2
Perth-based insurance company Aviva as seen a 28% increase in sales of life insurance reaching £12.3 billion in the first quarter of this year. The firm issued an operating update today which revealed that it had a 'solid first quarter of trading' with general insurance sales rising by 3%
