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The Scottish Government has launched a £1 billion business support fund meaning businesses can now apply for grants to help them deal with the impact of the coronavirus outbreak. The one-off grants are designed to help protect jobs, prevent business closures and promote economic recovery, and

Ken Pattullo, regional managing partner at Begbies Traynor, discusses the importance of cash and how to protect it in times of uncertainty.  Cash flow is the lifeblood of any business, and certainly in the short term more important than profitability. The money coming into your business ensures

Dundee-based Broker Insights, an independent searchable platform connecting insurers and brokers, has appointed Stephen Smith as insurer account manager.   With a successful career as both an underwriter and a broker, Broker Insights said that Mr Smith is

Nationwide has announced that it will be closing some branches and reducing its opening hours amid the coronavirus pandemic.  As Prime Minister Boris Johnson called for greater care to be taken regarding social distancing, and in light of his announcement to lockdown many ‘non-critical&rs

The Financial Reporting Council (FRC) has today launched a consultation on the proposed adoption in the UK of International Standard on Assurance Engagements (ISAE) 3000, Assurance Engagements Other Than Audits or Reviews of Historical Financial Information. The FRC is proposing that compliance with

KPMG has been appointed as administrators of Glasgow-based fabric and soft-furnishing company Remnant Kings Central Limited. Blair Nimmo and Alistair McAlinden were appointed as joint administrators of the firm yesterday.

Jennifer Skeoch, partner in the employment team at Burness Paull, details the new measures announced by the British Government to support employers and workers during the coronavirus pandemic. A coronavirus job retention scheme has been established, for which any employer in the UK, regardless of si

Manufacturing output expectations dropped to their weakest since the financial crisis, as the COVID-19 outbreak gained pace in the UK and Europe, according to the latest CBI monthly industrial trends survey conducted between 25 February and 13 March.

Springfield Properties, Persimmon and Morgan Sindall have all revealed plans to suspend dividends to shareholders to preserve cash amid the COVID-19 outbreak.

The Bank of England has launched its emergency liquidity scheme to make sure banks have enough cash, as it warned that immediate disruption from the pandemic could be more severe than its banking stress tests. Underlining the risks to the financial system, the Bank of England has activated its conti

The Financial Reporting Council (FRC) has highlighted the step change in the increased use of technology in the audit industry to improve the efficiency and quality of audits.

A lawyer has been left with a £350,000 bill after losing a legal battle with his sisters over the estate of their late father, an esteemed judge.

Cash usage in the UK has halved in the last few days after coronavirus social distancing and 'lock down' measures were implemented this week, according to Link, the UK's biggest ATM operator.

The enforcement of the gender pay gap reporting deadlines has been suspended for this year.

A total of 20,620 stores are expected to remain closed permanently in the wake of the coronavirus outbreak, according to new estimates from the Centre for Retail Research (CRR).