Housebuilder Taylor Wimpey is to make advance payments to self-employed subcontractors under a new scheme aimed to help workers forced to stay home by the coronavirus lockdown. The company has allocated £5 million to its ‘Pay It Forward’ scheme which will pay out £600 a month
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The Scottish Government has issued payments worth £19.1 million to almost 6,000 farmers and crofters in Scotland’s most remote and rural areas from the Less Favoured Area Support Scheme (LFASS). The majority will receive balance payments on top of the 95% loan paid between January and Ma
Property and investment firm Osborne+Co has submitted plans to create a mixed-use development in Glasgow city centre which would include the refurbishment of the Met Tower to create 120,000 sq ft of Grade A office space and a new 260-bed hotel.
Whilst Scottish surveyors were upbeat about the outlook for the housing market before last month, it is now clear that the current lockdown situation will have a significant impact for the rest of the year, according to the March 2020 Residential Market Survey from the Royal Institution of Char
A temporary payments freeze on loans and credit cards for up to three months are amongst a package of targeted temporary measures confirmed by the Financial Conduct Authority (FCA) today to help people negatively affected by the coronavirus pandemic. Following a short consultation, the FCA will
Women in the UK were underpaid by £126 billion before the country's lockdown, according to a report by charity Pro Bono Economics.
TSB has launched a new Smart Agent function on its website to give customers immediate access to the measures the Bank has introduced during the coronavirus pandemic, including how to apply for a repayment holiday on mortgages, personal loans and business loans. Customers now have the ability to ask
Partners at the UK's biggest accountancy firms will have their payouts slashed by hundreds of thousands of pounds this year as the sector prepares to face a huge crash in revenues amid stemming from the coronavirus outbreak. Yesterday, partners at BDO agreed to cut partner pay by up to 25% in a bid
The first major survey of Scottish businesses since the coronavirus outbreak has revealed that 85% of firms expect growth in the Scottish economy to be weak or very weak in the next 12 months, marking an increase of 53% in the previous quarter.
A £5 million package of emergency financial support has been announced by the Scottish Government in order to help students facing hardship as a result of the coronavirus outbreak. Extra cash will be made available to any university and college students now struggling as a result of COVID-19,
The Pensions and Lifetime Savings Association (PLSA) is reminding pension schemes to be watchful of how the companies in which invest respond to the COVID-19 pandemic and be prepared to hold directors to account as decisions now may impact their long-term investment prospects. PLSA has said tha
Lyn Calder, a managing partner of Anderson Anderson & Brown LLP (AAB), has called on the government to implement a series of wide-reaching measures aimed at helping businesses to survive the disruption caused by the COVID-19 pandemic. Lyn Calder, who is also the firm’s head of deals f
Scottish businesses are threatening the Scottish Government with court action in order to claim grants they believe they are entitled to, as firms face financial difficulty amid the coronavirus crisis.
As the coronavirus outbreak forces the cancellation of sporting events worldwide, Wimbledon's organisers, the All England Club, has cashed in on an insurance policy worth £100 million.
Developers have reaffirmed their commitment to delivering one of the largest regeneration projects to take place in Edinburgh for a generation with the launch of an online consultation and the release of new images illustrating the latest design phase of the development.