Search:

Virgin Money, formerly known as Clydesdale Bank, has announced that it will not proceed with the branch closures and job cuts announced in February, as a result of the current situation with COVID-19. The lender announced on February 27, that it would be cutting 500 jobs and closing 52 bra

Stock markets have suffered their worst quarter in over thirty years after the coronavirus pandemic has disrupted economies across the globe.

The Institute of Directors (IoD) has called for help for companies and entrepreneurs currently 'falling through the cracks' of government support, as new figures underline the impact of the coronavirus outbreak on firms.

Chartered accountancy and business advisory firm Anderson Anderson & Brown (AAB) has bolstered its team of directors with three new appointments. AAB has promoted three members of staff to the position of director with the aim of further augmenting their team of expert and trusted advisors durin

A teenager from Stoke has won £240,000 on a scratchcard but cannot spend his winnings because of the UK coronavirus lockdown measures.  

Small business tenants are set to get new protection from eviction during the coronavirus outbreak, thanks to new legislation set to be passed by Holyrood today. Policymakers believe the change will protect commercial tenants for a period of at least three months.

Glasgow-based City Blinds & Shutters has closed down due to the coronavirus pandemic. The store has immediately ceased trading with over 60 employees losing their jobs. 

Three new partners will take up their roles at tax and business advisory firm, EQ Accountants LLP on 1 April 2020, bringing the total number of partners in the Firm to 17. At a time when all businesses are finding economic conditions as difficult as they have ever been, it is important to remember t

The Financial Conduct Authority (FCA) has called for lenders to offer a temporary payment freeze on loans and credit cards for up to three months for consumers facing financial difficulties as a result of coronavirus. The watchdog has also called for arranged overdrafts up to £500 to be charge

Edinburgh-based Sigma Capital Group has appointed Michael McGill as its new chief financial officer and posted its interim results. Mr McGill's appointment takes immediate effect. As well as taking executive responsibility for the overall financial management of the group and its subsidiaries, he wi

Glasgow-managed commercial landlord Regional REIT has announced that it will maintain its Q4 dividend despite the coronavirus crisis. The regional real estate investment specialist has confirmed that its dividend for Q4 2019 of 2.55 pence per share, declared on 27 February 2020,

Wemyss House, the well-known office building in the heart of Edinburgh, has traded in a deal worth more than £5 million. The building, which is located at 6-8 Wemyss Place and faces onto Queens Street Gardens in Edinburgh’s historic New Town, has been purchased by an Austrian private fam

The Financial Reporting Council (FRC) has imposed sanctions against KPMG, ordering the audit firm to pay £700,000 for audit quality breaches. The watchdog has imposed the sanctions against KPMG and Nicola Quayle, the former senior partner for KPMG's Manchester office, in relation to the statut

Annual house price growth marginally increased just before the coronavirus pandemic struck the UK, according to the latest Nationwide House Price Index.

Results from the British Chamber of Commerce's (BCC) first COVID-19 Business Impact Tracker paint a concerning if unsurprising picture for business communities affected by coronavirus, as almost two-thirds of UK businesses reported that they only have three months of cash reserves available.  T