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A consortium of Scottish businesses is to lodge a judicial review of the Scottish Government’s COVID-19 Business Grant Scheme amid increasing concerns that a failure to match Westminster’s economic support will lead to the demise of a string of retail and hospitality chains.

The coronavirus crisis is causing household savings to rise at a rapid pace. If the reductions in spending persist for the entirety of the second quarter, Cebr expects that excess household savings of around £23 billion to accumulate.

The COVID-19 small business and self-catering grant scheme, set up to help companies stay in business during the coronavirus crisis, has now paid out £26.89 million to 2341 Highland businesses. The latest figures show that grants were given to 1341 businesses, to the value of £14.8m, wit

Fergus Ewing, tourism secretary for Scotland, has written to the UK Government calling for it to amend its job retention scheme to help tourism businesses survive the economic impact of the coronavirus (COVID-19) pandemic. In a letter to Nigel Huddleston, minister for sport, tourism and heritage,&nb

Dundee-based web and marketing companies, MTC Media and DLR Media have partnered with Scotland’s Improvement Districts to launch a vital local delivery service throughout Scotland’s towns and cities. Many Business Improvement Districts (BIDs) in Scotland will be at the forefront of the l

Edinburgh-based online fashion marketplace Atterley.com has launched a £500,000 crowdfunding campaign on Crowdcube. The funding will be used to support the further development of the firm's marketplace technology for boutiques and grow its presence in overseas regions including the US.

A couple has been fined after they drove over 250 miles from their home in London to have a day out in Cornwall.

Some house buyers could miss out on being able to claim a refund for a property tax charge if they have been unable to sell their old home because of the coronavirus pandemic, the Chartered Institute of Taxation (CIOT) has said. The second home charge, or Additional Dwelling Supplement (ADS), is a 4

Sarah Cockburn has been jailed for 22 months after she embezzled more than £239,000 while working for James McVicar Printers as an accounts manager.

Springfield Properties has agreed an additional £18 million loan facility with Bank of Scotland as it prepares to navigate the uncertainty surrounding the current lockdown. The housebuilder said the additional support gives the group “sufficient headroom, should it be necessary, to withs

The impact of the coronavirus pandemic is already having a significant impact across the audit profession and public practice leaders according to the latest research from ACCA. The COVID-19 global survey: inside business, impacts and response report revealed that a significant 53%&nb

Allied Irish Bank has been approved for accreditation by the British Business Bank as a new lender for the government-backed Coronavirus Business Interruption Loan Scheme (CBILS) to provide term loans. Over the last six weeks, Allied Irish Bank teams have experienced a significant surge in customer

Business confidence in Scotland fell 43 points during April to -50%, according to the latest Business Barometer from Bank of Scotland Commercial Banking.

The UK Government has announced that small businesses will benefit from a new fast-track finance scheme providing loans with a 100% government-backed guarantee for lenders. Under the new initiative, businesses will be able to borrow between £2,000 and £50,000 and access the cash within d

Members of the Betting and Gaming Council (BGC) have announced that they will voluntarily remove all TV and radio product advertising during the COVID-19 lockdown as addiction experts describe this as "an unprecedented step in unprecedented times". Michael Dugher, BGC chief executive has c