UK banks may enlist debt collection firms to recover billions of pounds of state-supported COVID-19 loans.
News
Dundee-based metal fabrication firm METALtech has received a £100,000 loan from the Scottish Government's Digital Development Loan, making the firm the 100th recipient of the fund. The loan will facilitate the purchase of a CNC Plasma Cutting Machine including an Intelligent Real Time In
The forthcoming investigation by HMRC into Airbnb landlords may be the last straw for growth in the short-term lettings market, according to property management firm Apropos. The firm believes that the announcement that Airbnb has passed on the financial transactions of 225,000 people who rent out h
Dragons’ Den star Duncan Bannatyne has said he "probably broke even" on his investments for the TV show.
More than 350,000 families in Scotland have fallen behind on council tax payments during the coronavirus lockdown period. For the first six months of the financial year, local authorities in Scotland have missed out on £100 million of revenue.
Organisers of the AccelerateHER Awards have launched their 2021 programme today which will be staged online including a virtual finals event celebrating the achievements of inspiring and ambitious female business founders. The annual awards provide an opportunity for businesswomen who have fou
With less than 100 days to go before the UK leaves the EU, there are still an alarming number of businesses which simply don’t have a grasp of the risks they face of not being prepared for Brexit, according to a new poll by EY. According to EY, only one in nine businesses have a good understan
At least €150 billion of assets has been moved from The City of London to France ahead of the UK's exit from the European Union, according to the governor of the Banque de France. François Viceroy de Galhau told the Europlace International Financial Forum that since September, 21 investm
Investment company United Capital is to increase its construction acquisition targets to £500 million, in revenue terms, in response to a "significant increase" in opportunities. The company, which first entered the construction and building services market after it rescued former Scotlan
Dr Sheila O’Neill, a GP and clinical director of Glasgow Medical Rooms, discusses how employers can help address mental health issues in the workplace. On Saturday we marked World Mental Health Day, an annual event designated by the World Health Organisation. At a time when social distanc
Barclays LifeSkills has teamed up with Scottish social enterprise The Wise Group to provide support to groups and individuals most in need during the COVID-19 outbreak. The Wise Group will work with the bank on a one-year programme in Kilmarnock to deliver LifeSkills resources to indi
The Scottish Government has announced a new £40 million fund to help businesses affected by temporary restrictions to slow the spread of coronavirus. The COVID-19 Restrictions Fund will provide one-off grants of up to £3,000, depending on rateable value, to bars, restaurants and oth
A resident of Louth County in the Republic of Ireland has run up a €20,000 bill for unpaid parking tickets. The individual currently owes €2,100 on 35 unpaid tickets.
Chartered accountant Amjad Hassan from EY's Edinburgh office has been announced as the 2020 winner of a global competition searching for the best and brightest CAs in the world of accounting, finance and business. The announcement was made by ICAS (the Institute of Chartered Accountants of Scotland)
Azets, the accountancy firm that was previously known as Campbell Dallas and Scott Moncrieff in Scotland, has appointed 31 graduate trainees and apprentices across Scotland. Since 2013, 150 graduate trainees and apprentices have been recruited across Scotland by Azets and the former firms.&nbs