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New research from Nationwide has found that annual house price growth was gaining momentum before the coronavirus pandemic struck the UK.

The latest research from CBI has highlighted that the UK private sector is experiencing a significant downturn as businesses and professional services experienced the sharpest fall since 2009. 

The Construction Industry Coronavirus Forum (CICV) and Construction Scotland have joined calls for the Scottish construction sector to step up and ensure payments are made on time to safeguard cashflow and ensure business and job survival. As trade and professional bodies continue to

Consumer leisure spending in the UK dropped by seven percentage points in the first three months of 2020 compared to 2019, according to the latest Leisure Consumer report by Deloitte.

High-street fashion chains Oasis and Warehouse are to close permanently with 1,800 employees set to lose their jobs after administrators Deloitte failed to find a buyer to rescue the firm. Deloitte was appointed administrators of the retailer in April.

An unofficial White House gift shop is selling $100 coronavirus commemorative coins to mark the outbreak of the COVID-19 pandemic. 

UKSE, a subsidiary of Tata Steel, has appointed finance veteran Scott Webb as its area manager for Scotland. With a background in business finance, including roles at Clydesdale Bank, North Ayrshire Council and the West of Scotland Loan Fund, Scott Webb joined UKSE almost eight years ago.

David Provan, managing director of Hillington-based Provan Sports, which trades as Pitch Teamwear is urging Scottish businesses needing financial support to apply for the government-backed Coronavirus Business Interruption Loan Scheme (CBILS). He has said that businesses should not be deterred

British Chambers of Commerce (BCC) president, Baroness Ruby McGregor-Smith, has written an open letter to the Prime Minister setting out principles for a phased restart of the UK economy. The leading business group set out its integrated approach, the first step in a three-stage proce

The UK Government has set up a discretionary fund to help financially support certain small businesses who previously fell outside the scope of the business grant funds scheme.

Sir George Mathewson, the former boss of the Royal Bank of Scotland, has urged the UK Government to write off all state-backed loans to businesses to give firms a better chance of survival during the coronavirus pandemic. Sir George said that the government should fund the giveaway through increased

Insolvency practitioners across Scotland are preparing for an upsurge of insolvencies stemming from the economic impact of the coronavirus pandemic which is likely to accelerate the demise of companies that were struggling in any event. And they are warning that cash will be king in the coming reces

Royal Bank of Scotland is supporting a new drive to help children and families across Scotland who have no books at home or any access to books during the coronavirus pandemic.  The Scottish Book Trust is working with local authorities across Scotland and other charities, in

The number of profit warnings by listed companies in Scotland has reached a record level in the first quarter of this year, according to the latest Profit Warning report from EY.

MPs are to question senior bankers today over the slow roll-out and low level of emergency loans extended to businesses during the last six weeks.