News

The UK Government has today introduced the Corporate Governance and Insolvency Bill in Parliament, which will put in place a series of measures to amend insolvency and company law to support businesses and to address the challenges resulting from the impact of coronavirus.

Aurelija Buckute, paraplanner at Mearns & Company, highlights the four characteristics of a good financial plan. There is a difference between having a financial plan and having a good financial plan. A good plan has a better chance of achieving the desired results and therefore provides pe

The Scottish Government’s Business Support Fund has been increased by £40 million to provide additional support for key sectors of the Scottish economy. This extra funding will be split between the Pivotal Enterprise Resilience Fund, which has increased by £30m to £120m, and

Zumo, an Edinburgh-based mobile wallet and payments start-up, has launched an app that stores, sends and allows consumers to spend and exchange cryptocurrencies online. Customers can now use the app to buy, sell and exchange both Bitcoin and Etherium cryptocurrencies. Since the start of lo

The Scottish tourism industry is “at risk of total collapse”, according to industry body Scottish Tourism Alliance (STA).   The body has said that there are over 2,500 tourism businesses which are not receiving grant support from government and as a result companies that a

The Federation of Small Business (FSB) has said that the Scottish Government's grant figures show scope to expand the help which has been offered to businesses in Scotland.  The Scottish Government has released figures showing that around 65,000 coronavirus grants, worth £741 mi

According to the latest figures from the Office for National Statistics (ONS), 65% of Scottish businesses have reported a drop in turnover outside of the normal range between April 20 and May 3.

The Scottish Parliament's Economy, Energy and Fair Work Committee has today published a report on protected trust deeds citing that changes are needed to make the debt solution more effective in supporting people who are in debt.

The Financial Reporting Council (FRC) has announced that Simon Dingemans will step down as chair of the council at the end of May. The FRC has said that as the role was a part-time position, it was agreed as part of his appointment process that Simon Dingemans could take on additional roles provided

Companies and other organisations are taking a mixed approach to salary sacrifice during the coronavirus pandemic, according to a poll from The Chartered Governance Institute (ICSA) and The Core Partnership.

South Korea's professional football league has imposed a record fine on one of its clubs for placing sex dolls in the empty seats of a stadium during a recent football match played without spectators due to the coronavirus pandemic.

Stuart Robb and Michelle Elliot of Leonard Curtis Business Rescue & Recovery have been appointed joint provisional liquidators of Doorset Technology Limited. Established in 2010, the company trades as a manufacturer, distributor and project manager for doors, doorsets and related compo

The Scottish housing market could recover quicker from coronavirus than the last financial crash if the government freezes sales taxes to help home buyers, according to Paul Denton, CEO of Scottish Building Society. He said support measures such a Land and Buildings Transaction Tax holiday could acc

Aberdeen-based hospitality powerhouse, The McGinty’s Group, has secured its future thanks to a six-figure CBILS funding package from Royal Bank of Scotland which will be used to help the business emerge from the coronavirus pandemic.

Graeme Allan, chief executive of Anderson Anderson & Brown, reflects on the changes and challenges currently experienced as a result of the coronavirus crisis and considers what's next as we plan ahead for the 'next normal'. As a business leader or owner, you’re likely to find your days no