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The UK retail sector suffered its worst March on records as sales plummetted amid the coronavirus pandemic, according to the latest British Retail Consortium (BRC) and KPMG Retail Sales Monitor.

Edinburgh start-up Drinkly has seen sales soar by over 850% in the last month as life under lockdown continues.

High street fashion retailers Oasis and Warehouse have fallen into administration with Big Four audit firm Deloitte appointed as administrator. Some of the 1,800 staff employed across the Oasis and Warehouse shops, concessions and head office will be placed on furlough under the UK Government's job

Apache Capital Partners and Harrison Street are to fund a landmark £215 million build-to-rent (BTR) development in central Edinburgh that will be delivered and operated for the long term by Moda Living. The scheme, known as Springside, will include 476 new homes alongside 48 existing, ful

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

The Financial Conduct Authority (FCA) has revealed that regulated firms have received a total of 6.02 million complaints in the second half of 2019, marking an increase from 4.29m in the first half of the year.  The FCA said that the increase in complaints was mainly driven by a 75% increase in

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.

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.

Rodger Group Limited, the parent company of M&J Builders Merchants (M&J) has acquired South Lanarkshire Building Supplies (SLB), with support funding from Royal Bank of Scotland.

Berwickshire Housing Association has announced its new partnership with Allia C&C to support the financing of its ongoing development programmes across Berwickshire for affordable housing and its vision to create thriving rural communities. The new development at Springfield, Duns

Eric Curran, managing partner of DM Hall Chartered Surveyors, has assured that this housing market will return at some point, as it always does. Property professionals who have been in the front line for a long period of time tend to become slightly battle-hardened and take the view that, whatever c

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.

With bars and restaurants across the UK reeling from the impact of social distancing measures, the latest Red Flag Alert data from insolvency specialist Begbies Traynor shows that the sector in Scotland was already under severe pressure with instances of ‘critical’ financial distress in

The banking and finance sector has lent over £1.1 billion to SMEs so far through the Coronavirus Business Interruption Loan Scheme (CBILS), according to the latest data from UK Finance.

Peter Vardy Limited has announced the appointment of Colin McLellan as its new chief financial officer for its group of companies, which include the digital finance broker CarMoney and software solution provider SilverBullet.