News



Chancellor curbs bank abuses to aid UK small business during coronavirus pandemic

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.

Published 3 April 2020

Wylie & Bisset reminds professionals of merits of Business Debt Arrangement Scheme

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.

Published 3 April 2020

William Duncan + Co produces advice flipbook for directors facing financial distress

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. 

Published 3 April 2020

RSM: Financial and economic stress index sees record spike

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.

Published 3 April 2020

Allana Sweeney: Positive business measures – a spark of hope for businesses in financial distress

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.

Published 3 April 2020

Chris Dunn: Banking and finance - issues currently facing housing associations

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.

Published 3 April 2020

Steven McKay: COVID-19 and employee benefits

Steven McKay, head of employee benefits at chartered financial planners Mearns & Company, discusses the coronavirus pandemic and employee benefits.

Published 3 April 2020

Scottish Government announces £10m to support seafood processing businesses

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.

Published 3 April 2020

JLEN Infrastructure buys stake in Peacehill Farm in £11m deal

Renewables infrastructure fund JLEN has acquired a stake in the Peacehill Farm anaerobic digestion plant in an £11 million deal.

Published 3 April 2020

APIL and ABI agree new approach for personal injury cases in Scotland during coronavirus pandemic

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.

Published 3 April 2020

RBS and Prince's Trust launch £5m coronavirus fund for young entrepreneurs

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.

Published 3 April 2020

And finally... mint condition

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.

Published 3 April 2020

EQ Accountants appoints trio of new partners

Three new partners will take up their roles at tax and business advisory firm, EQ Accountants LLP on 1 April 2020, bringing the total number of partners in the Firm to 17.

Published 2 April 2020

Sigma Capital appoints Michael McGill as chief financial officer

Edinburgh-based Sigma Capital Group has appointed Michael McGill as its new chief financial officer and posted its interim results.

Published 2 April 2020

FCA calls for loan and credit card payments to be frozen

The Financial Conduct Authority (FCA) has called for lenders to offer a temporary payment freeze on loans and credit cards for up to three months for consumers facing financial difficulties as a result of coronavirus.

Published 2 April 2020