Over 54,000 Scottish SMEs fear closure from second UK lockdown

An estimated 35,070 Scottish SMEs say it is likely their business will close permanently in the next 12 months as a result of the coronavirus crisis, with this figure rising to 54,776 in the event that a second national lockdown is introduced, according to a recent survey by Virgin Money.

Published 29 September 2020

Mackie’s has it licked - ice cream sales soared by 35% this summer

Scottish ice cream firm Mackie's has seen a record volume of sales this summer as people across the UK turned to the simple pleasure of ice cream.

Published 29 September 2020

Springfield Properties primed to capitalise on pent-up demand for larger homes

Despite a fall in profits, housebuilder Springfield Properties said today it is well placed to benefit from a significant increase in demand since resuming operations as buyers seek to move out of city centres and into larger homes with gardens.

Published 29 September 2020

Ledingham Chalmers: Business interruption claims - a significant step forward

Victoria Leslie, partner at Ledingham Chalmers and Laila Kennedy, legal executive (litigation), discuss how business interruption claims are a vital step forward for firms who paid for enhanced business interruption insurance, but had their claims rejected.

Published 29 September 2020

Douglas Mill sees light at the end of the COVID tunnel for Scotland’s solicitors

As we move past the six-month mark with COVID-19 and with further business restriction pending, our sister publication Scottish Legal News asked Douglas Mill, who in the last 12 years has consulted with over 130 firms throughout the country, how things were going for High Street solicitors and how he saw matters playing out.

Published 29 September 2020

Edinburgh International Conference Centre contributed £720m to economy

Edinburgh's International Conference Centre (EICC) has published its annual results for the calendar year 2019 claiming £720 million in economic impact.

Published 29 September 2020

Murray Jack: Impact of COVID-19 could drive Scottish business to embrace private equity on larger scale

Murray Jack, partner at Addleshaw Goddard, discusses how the coronavirus crisis could drive Scottish businesses to embrace private equity on a larger scale.

Published 29 September 2020

Scotland's economy is in recovery, but still fragile

Scotland’s economy has recovered half the fall in GDP which followed the implementation of the coronavirus lockdown, but may still not return to pre-pandemic levels until the end of 2023, according to the latest State of the Economy report. 

Published 29 September 2020

Arran’s economy ‘scarred’ by COVID-19

Published 29 September 2020

Prime serviced office development launches at Edinburgh Park

A £3.8m transformation of Diageo’s former Scottish headquarters has created Edinburgh’s newest grade-A flexible office space.

Published 29 September 2020

Greenshoots: IntelliDigest scales up efforts to tackle food waste elimination thanks to RBS support

Edinburgh-based biotechnology firm IntelliDigest is primed to scale up its efforts in tackling food waste thanks to support from Royal Bank of Scotland’s Entrepreneurial Accelerator programme.

Published 29 September 2020

Moray unveils multi-million pound recovery plan

A multi-million-pound cash boost to help the Moray economy recover from the impact of COVID-19 is being considered by councillors.

Published 29 September 2020

ABI launches insurance industry standards to support customers with mental health conditions

The Association of British Insurers (ABI) has launched Mental Health Standards to provide better support for customers with mental health conditions when applying for health, travel or protection insurance.

Published 29 September 2020

FCA publishes annual report on regulatory perimeter

The Financial Conduct Authority (FCA) has today published its second annual perimeter report that determines which activities require authorisation and what level of protection consumers can expect for the financial services and products they purchase.

Published 29 September 2020

And finally... lucky break

Mike Tyson has revealed he paid a fan £6.2 million for breaking their jaw after being hounded for an autograph. 

Published 29 September 2020