News

Virgin Money, formerly known as Clydesdale Bank, has announced that it will not proceed with the branch closures and job cuts announced in February, as a result of the current situation with COVID-19. The lender announced on February 27, that it would be cutting 500 jobs and closing 52 bra

Small business tenants are set to get new protection from eviction during the coronavirus outbreak, thanks to new legislation set to be passed by Holyrood today. Policymakers believe the change will protect commercial tenants for a period of at least three months.

Stock markets have suffered their worst quarter in over thirty years after the coronavirus pandemic has disrupted economies across the globe.

The Institute of Directors (IoD) has called for help for companies and entrepreneurs currently 'falling through the cracks' of government support, as new figures underline the impact of the coronavirus outbreak on firms.

In response to the current coronavirus pandemic plaguing the UK, the Royal Bank of Scotland Group's board of directors has decided to undertake no quarterly or interim dividend payments until the end of 2020. An announcement issued by the bank said that directors will take no quarterly or interim di

The Scottish Government has confirmed it will invest a further £40 million in Allia C&C’s Scottish Charitable Bond programme for 2020/21, to help continue to deliver its social housing targets. Allia C&C has been supporting the vital development of affordable homes across Scotlan

From today the spending limit for contactless card payments has increased from £30 to £45 across the country, UK Finance has announced.

A teenager from Stoke has won £240,000 on a scratchcard but cannot spend his winnings because of the UK coronavirus lockdown measures.  

ASCO, the global integrated materials and logistics management company, has appointed Gary Paver as its new group chief financial officer. A seasoned finance executive, Mr Paver is a chartered accountant with over 25 years' experience in North Sea oil and gas including roles with Halliburton, Petrol

Many Business Improvement Districts (BIDs) in Scotland will be at the forefront of the local response to the COVID-19 outbreak through a £1 million resilience fund made available by the Aileen Campbell, cabinet secretary for communities and local government. Business Improvement Districts are

Shepherd Chartered Surveyors has called for rating appeals to be lodged and ideally to be backdated to 4 March 2020 as a result of a material change of circumstances arising from the coronavirus pandemic. The firm is currently working flat out lodging new appeals against rating assessments on the ba

Gilson Gray has accelerated its recent expansion into Dundee by merging with local property firm, Wallace and Co Property Management. The addition of Wallace and Co Property Management will see the transfer of local property experts Elaine Wallace, Pauline Traill and Derek Tyson to the Gilson Gray P

Hammerson, the retail property company which owns Aberdeen's Union Square and Glasgow's Silverburn, has seen a major slump in rents, as two-thirds of the rent it expected to collect last week was not sent due to the economic impact of the coronavirus pandemic.

The UK's biggest rent-to-own company, BrightHouse, has collapsed, with Grant Thornton appointed as administrators. Chris Laverty, Trevor O’Sullivan and Helen Dale have been appointed as joint administrators of the firm. 

Black Isle Brewery has warned that the coronavirus crisis could be "disastrous" for the brewing industry in Scotland, after the company reported a 95% decrease in sales.