News

The UK economy has contracted at its sharpest rate since the global financial crisis in the first quarter of the year thanks to the outbreak of the coronavirus.

The Financial Reporting Council (FRC) is encouraging firms to make use of the extension announced by the Financial Conduct Authority (FCA) to the deadline for publication of audited annual financial reports from four to six months from the end of the financial year. The body said that companies

Properties occupied by charities can now apply for the £10,000 Small Business Grant Scheme to help with pressures caused by the coronavirus pandemic, the Scottish Government has announced.

A manuscript featuring handwritten lyrics penned by Bob Marley has been sold at auction for £37,500 - more than double the pre-sale estimate.

Renfrewshire-based waste management firm WEEE Solutions has secured a £200,000 CBILS funding package from Royal Bank of Scotland which will be used to help the business stay afloat during the coronavirus pandemic. Specialising in uplifting and processing waste electrical and electron

Dundee-based Red Kite Oilfield Services, a company providing crucial radial cutting torch services to the oil and gas industry in the North Sea, has secured vital funds to navigate the coronavirus lockdown and recovery, thanks to a £100,000 Coronavirus Business Interruption Loan (CBIL) from Ba

A total of 429 jobs are at risk at the National Trust for Scotland (NTS) as the organisation struggles during the coronavirus pandemic. 

Chartered accountants Wylie & Bisset has revealed that many GP practices are adopting digital book-keeping systems to access and ensure the timely delivery of accounts during and beyond the coronavirus health crisis. While GP practices receive additional funding from health boards to help them c

ESPC agents have reported that some buyers are choosing to submit an offer after viewing a property virtually.

The Association of Chartered Certified Accountants (ACCA) has called for its members to champion the ethical standards and sustainable business practices that will build organisations that deliver more than shareholder profit. Its new report, Accountants, Purpose and Sustainable Organisations,&

Aberdeen Standard Investments (ASI) has launched a new range of Focused equity funds consisting of highly concentrated portfolios providing investors with access to the best ideas of ASI’s research teams around the world. The expansion builds on the track record in the US of ASI’s North

Chancellor Rishi Sunak has announced that the UK Government's job retention scheme has been extended until October.  The scheme will ensure that workers who have been furloughed because of the coronavirus pandemic are paid 80% of their monthly wages up to £2,500.

More than half of Scottish finance leaders find government coronavirus support initiatives ‘adequate’, according to research gathered by Edinburgh-headquartered finance and accountancy search specialists, iMultiply. 

The Royal Bank of Scotland (RBS) has reaffirmed its support for the next generation of financial services workers while making changes to how this year’s summer internship programme will be run because of the coronavirus pandemic. Given the current coronavirus lockdown restrictions in the

Some of Scotland’s early-stage mission-led businesses are stepping up in the fight against COVID-19, as part of the business community’s pandemic response.