The Financial Conduct Authority (FCA) has today set out expectations for general insurance firms and provided information for consumers about what they should see from their insurance provider during the coronavirus pandemic.
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Scottish businesswoman Marie Macklin CBE has offered £100,000 community cash fund to support the communities of Kilmarnock, which will help tackle the local impact of the coronavirus pandemic on the places closest to her heart. Having seen first-hand how the pandemic is directly affe
Hundreds of customers are being refunded a share of £380,000 after insurance company Paymentshield failed to send important information about PPI policies. The Competition and Markets Authority (CMA) has issued Paymentshield with legally binding directions after it failed to send payment prote
The number of young people ages 16-24 years in employment in Scotland from January 2019 to December 2019 has increased from 57.2% to 57.9%, according to the Annual Population Survey.
Challenger bank Revolut has launched a banking app for kids.
Simon Allison looks at common issues for employers during the coronavirus outbreak such as whether an employer can lay off staff and what happens if they are forced to close their premises. Lay-off/short time working clauseIn the unlikely event that your employees have a “lay off” or sho
Accountants across Scotland have welcomed the postponement announcement by the Treasury of the introduction of IR35 tax changes on off-payroll working. The decision is part of the wider government measures designed to support the economy in light of the coronavirus. It is not to be considered a canc
The Royal Bank of Scotland has announced that Yasmin Jetha will be appointed as a non-executive director at the group on 1st April 2020 as Alison Davis steps down at the end of March. Ms Jetha will succeed Ms Davis as chairman of the technology and innovation centre and will also become a member of
Aberdeen Standard Investments (ASI) has announced that dealing has been suspended in its £1.7 billion UK Real Estate Fund and £1.1 billion Aberdeen UK Property Fund. The company said that as with the other property fund suspensions announced over the last 24 hours, “the suspe
Edinburgh-based technology company ePOS Hybrid has smashed its crowdfunding targets by 60% after raising £400,000. ePOS Hybrid, which surpassed its target just half way through the campaign, went on to enjoy continued successes with another 89 backers coming on board in the final stages of the
The Scottish Chambers of Commerce (SCC) has said that the additional support measures announced by Chancellor Rishi Sunak are essential if businesses are to survive the COVID-19 outbreak.
Poor weather across Scotland has decreased retail demand in Scotland, according to the Scottish Retail Consortium and KPMG Scottish Retail Sales Monitor for February 2020.
Jamie Daniels, director of investment management at Blackadders, provides information on the latest changes in the economic market amid the current coronavirus outbreak. The Covid-19 outbreak is rapidly evolving as we speak and changing on a daily basis, if not hourly!
In collaboration with 19 firms from its international Preferred Firm Network, Burges Salmon has published an interactive report on the regulatory treatment of cryptoassets in jurisdictions throughout the UK and EU. Burges Salmon’s Fintech team has teamed up with Tier One law firms across its P

