Katharine Wooller, managing director at Dacxi and Eire, a crypto-based platform which helps bring cryptocurrency to 'the crowd', discusses how the coronavirus pandemic is killing cash and what might replace it. The first time I saw a shop declaring itself cashless, it was unusual enough I took a pic
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The Financial Conduct Authority (FCA) will be introducing a package of measures outlined last week to support consumer credit customers facing payment difficulties due to coronavirus.
Commercial insurance firms are removing cover from their policies because of the coronavirus pandemic, according to the latest data from Mactavish.
Results from the latest British Chambers of Commerce (BCC) Coronavirus Business Impact Tracker have revealed that the vast majority of businesses surveyed have furloughed a proportion of their workforce.
Consumer rights organisation Which? has claimed that the UK's largest airlines and holiday provers are breaking the law by either refusing to refund customers or issuing credit notes automatically for cancelled flights and package holidays.
Robin Dandie, partner and head of rural at Johnston Carmichael, discusses the impact of the coronavirus pandemic on farming and rural businesses. At the beginning of the lockdown it seemed like much of the agricultural sector would be relatively unaffected, but within a couple of weeks it has now be
The Competition and Markets Authority (CMA) has ordered Metro Bank to repay more than £10.5 million to customers after it breached a legal order by failing to send texts warning people about unarranged overdraft charges. The bank was found to have breached Part 6 of the CMA's Retail Banki
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
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.
