News

Results from the third British Chambers of Commerce (BCC) Coronavirus Business Impact Tracker have revealed that the majority of businesses responding to the survey have now furloughed a proportion of their workforce, and are awaiting funds from the government’s Job Retention Scheme to enable

Glasgow-based fintech Beeks Financial Cloud Group acquires network monitoring and analytics firm Velocimetrics in £3 million deal. Beeks Financial Cloud said that the acquisition will allow the firm to expand its product offering into network automation and trading analytics. 

Business optimism across the UK fell by its largest-ever margin in March, thanks to the current coronavirus crisis, according to figures from the latest BDO Business Trends report.

The Scottish Government has announced a £3 million support package for the Scottish aquaculture sector to help businesses threatened by the effects of the coronavirus pandemic.

British high street retailers Oasis and Warehouse are expected to appoint Deloitte as administrator this week. The move would put 2,300 jobs at risk for the staff who work at the 90 stores operated by the two firms across the UK.

Dundee-based Jute Properties will be more able to help its worst affected Business Centre tenants while they deal with the coronavirus crisis, thanks to new financial support from Bank of Scotland. Jute Properties purchased the Dundee One office block in 2017 and has subsequently developed the

A Swiss private bank has increased its multi-million-pound bet on Irn Bru maker AG Barr to fail during the current coronavirus crisis.

Scottish businesses, operating chains of shops, pubs, restaurants and hotels, have called on the Scottish Government to match the funding provided by the UK Government to aid struggling firms amid the coronavirus pandemic. 

Anderson Anderson & Brown LLP (AAB) has been collaborating with the Scottish Business Resilience Centre (SBRC) to deliver a series of webinars aimed at helping businesses to mitigate the disruption caused by the COVID-19 pandemic. As supporters of the SBRC, AAB has been providing input to t

Fife Council is to make its first payments to businesses in receipt of Small Business Bonus Relief, Rural Relief and those eligible firms in the hospitality, retail and leisure sectors, with almost £8 million of support to be paid from this week. 

More than £4.9 million of funding has been paid to date to Scottish Borders firms from the Scottish Government’s Coronavirus Business Support Fund, helping a total of 438 businesses. A dedicated team of staff continue to work through all applications received by Scottish Borders Council&

Steven McKay, head of employee benefits at Edinburgh-based Mearns & Company, details the changes to the Tapered Annual Allowance in 2020/21. In the past few years, there have been significant restrictions on the level of contributions that high earners can pay to their pension without incur

Anderson Anderson & Brown Corporate Finance (AAB) has released its quarterly deals and update for Q1 2020, highlighting selected M&A and fundraising transactions across Scotland. AAB said that with the current coronavirus pandemic wreaking havoc globally, financial markets faltering and a ge

A £30 million pledge to support Scottish charities through the coronavirus crisis is welcome but will not tackle the immediate cash flow problems leaving many in a fight for survival, lawyers have warned. Alastair Keatinge and David Dunsire from Lindsays are advising a string of

Financial services optimism fell in the three months to March and firms expect a sharp decline in business ahead, according to the latest CBI/PwC Financial Services Survey.