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Banks across the UK have seen their share prices drop as they were forced to freeze dividend payments and share buybacks after the Bank of England's Prudential Regulation Authority (PRA) called for the dividends to be suspended.

A cyclist from New Zealand needed the help of a rescue helicopter after he and five friends were cycling the length of the country to raise money for rescue helicopters.

RSM’s Market Stress Index has recorded its steepest and most protracted spike in negative sentiment since the metric was introduced, as COVID-19 fears intensify. The index, which measures financial and economic stress or risk since the UK’s departure from the EU, has shot up in the past

Chartered accountants Wylie & Bisset is advising professionals and other intermediaries with business clients concerned about financial distress resulting from the current social distancing measures to consider a DAS Debt Payment Programme. A Debt Payment Programme under the Business Debt Arrang

Chancellor Rishi Sunak has announced further measures to support firms affected by the coronavirus crisis, by bolstering business interruption loans for small businesses and announcing a new scheme for larger companies. To maximise the support available, the Chancellor is extending the Coronavirus B

Allana Sweeney, senior associate in Shepherd and Wedderburn’s restructuring and business advisory team, discusses how the measures of support implemented to help businesses during the coronavirus pandemic are a spark of hope for firms. Each day brings fresh challenges as a consequence of the C

Renewables infrastructure fund JLEN has acquired a stake in the Peacehill Farm anaerobic digestion plant in an £11 million deal. The investment consists of the provision of a debt facility and subscription for a minority equity stake in JLEAG AD Limited, which holds, through its wholly-owned s

The Prince’s Trust and RBS owner NatWest have announced the launch of a £5 million fund to help young entrepreneurs across the UK to keep their businesses afloat during the coronavirus crisis. The Prince’s Trust and Royal Bank of Scotland Enterprise Relief Fund is available to entr

Chris Dunn, partner at Brodies LLP, details the current issues facing Scottish housing associations in terms of banking and finance in the current COVID-19 climate. Amongst the multitude of issues currently facing housing associations during the COVID-19 pandemic, one focus of FDs and boards ne

William Duncan Business Recovery has published a flipbook offering clear and simple to follow advice for directors of businesses facing financial distress and those who are concerned about potential wrongful trading during the current coronavirus pandemic.  The COVID-19 pandemic has already mad

Steven McKay, head of employee benefits at chartered financial planners Mearns & Company, discusses the coronavirus pandemic and employee benefits. At Mearns & Company, we understand the disruption that the outbreak of COVID-19 has caused to everyone’s daily lives. 

The Association of Personal Injury Lawyers (APIL) and the Association of British Insurers (ABI) have agreed a new approach to the handling of personal injury cases in the Scottish courts under the current COVID-19 situation. The position relates to cases where limitation would possibly be an issue i

The Royal Mint is the latest in a line of companies swapping their production to create medical supplies for the NHS during the coronavirus pandemic, as it announced it would manufacture thousands of visors for the NHS frontline staff.

Financial support for seafood processors to help them through economic pressures related to the coronavirus pandemic will be available through a new £10 million scheme announced by the Scottish Government.

Bosses at Standard Life Aberdeen saw their pay cheques significantly increase in 2019, according to the company's latest annual report. The report has revealed that Keith Skeoch, chief executive of the financial services firm, saw his pay increase to around £1.47 million from around £1.0