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The UK's wrongful trading laws will be suspended to allow businesses to "weather the storm" of the coronavirus pandemic, Alok Sharma, the UK business secretary, has announced.

Stuart Robb and Michelle Elliot of Leonard Curtis Business Rescue & Recovery have been appointed as joint administrators of The Sea Door Limited, the operators of The Scalloway Hotel in Shetland. The two were appointed administrators on Wednesday last week.

Accountancy and business advisory firm French Duncan have today offered free help to any front-line business (such as pharmacies, food manufacturers or doctor’s surgeries) who might be struggling with extra administrative burden to ensure their staff still get paid on time. The company has a l

Scottish small and medium-sized enterprises (SMEs) are due to face substantial financial difficulties in the current coronavirus crisis, as they struggle to secure bank loans.

Royal Bank of Scotland has today announced a donation-matching programme of up to £5 million for the National Emergencies Trust (NET) coronavirus appeal, aimed at leveraging a further £5m of support from the public. The move will mean that from next Friday, donations to the NET made by R

Laura Brown, an advisor at Murray Beith Murray, a Scottish private client law firm, details the financial support made available to those who are self-employed, as part of the UK Government's coronavirus economic support measures. On Thursday, Chancellor Rishi Sunak announced further measures to sup

The Scottish Government has announced that the retail, hospitality and leisure sectors along with aviation industries will be aided by rates relief to support them during the coronavirus outbreak.

Efforts are under way to help prevent further disruption to the buying and selling of homes across Scotland after Registers of Scotland (RoS) temporarily closed the application record and the UK Government advised home buyers and renters to delay moving unless the new property is empty.

The Payments Regulator has announced that companies who are having to pay in cash to compensate for the shortfalls in their pension schemes can suspend payments.

As hoards of the nation's workforce settles into the new routine of working from home, Johnston Carmichael employees have participated in the Dress Up Friday movement.  Gemma Spiers, partner and head of marketing at the chartered accountancy firm, shared her dress up Friday attire on

The Association of British Insurers (ABI) has estimated that travel insurers will pay out £275 million in cancellation claims due to the COVID-19 pandemic.

Gilson Gray is pioneering digital technology to help simplify one of life’s most challenging tasks - to write a will. The firm has combined smart technology with outstanding advice and customer service to make will writing a better experience for its clients and without ever having to see

Barclays has today announced its ambition to become a net-zero bank by 2050. The bank has also announced its commitment to align its entire financing portfolio with the goals of the Paris Agreement. 

Filth star James McAvoy has donated over a quarter of a million pounds to the NHS to help distribute protective gear to fight the coronavirus outbreak.

Following growing criticism, high street banks have backtracked on loan requirements which insisted that business owners provide personal guarantees for government-backed loans.