News

Fergus Ewing, tourism secretary for Scotland, has written to the UK Government calling for it to amend its job retention scheme to help tourism businesses survive the economic impact of the coronavirus (COVID-19) pandemic. In a letter to Nigel Huddleston, minister for sport, tourism and heritage,&nb

Dundee-based web and marketing companies, MTC Media and DLR Media have partnered with Scotland’s Improvement Districts to launch a vital local delivery service throughout Scotland’s towns and cities. Many Business Improvement Districts (BIDs) in Scotland will be at the forefront of the l

The coronavirus crisis is causing household savings to rise at a rapid pace. If the reductions in spending persist for the entirety of the second quarter, Cebr expects that excess household savings of around £23 billion to accumulate.

A couple has been fined after they drove over 250 miles from their home in London to have a day out in Cornwall.

Anderson Anderson & Brown (AAB) chartered accountants and business advisors has appointed Alasdair Green as head of E&P (Exploration and Production). Having been instrumental in developing AAB’s presence in the upstream oil and gas sector in his previous role by dr

Michelle Elliot and Stuart Robb of Leonard Curtis Business Rescue & Recovery have been appointed as joint administrators of Scotland's largest theme park M&Ds. Operator M&D (Leisure) Ltd contacted its 165 staff yesterday informing them they were being made redundant with immediate e

Dundee-based investment company Alliance Trust has announced its first interim dividend of 3.595p per share payable for the year ending 31 December 2019, marking a 3% increase in the firm's dividend payout for the 53rd consecutive year. The payout follows the announcement made in March tha

The Scottish Government has awarded £388 million to businesses in Scotland according to the latest figures published today which highlight the volume and value of grants being awarded under its 'Retail, Hospitality & Leisure' and 'Small Businesses' coronavirus grants schemes.

Business interruption insurance provider Hiscox is preparing itself for a legal battle after a dispute between the company and some of its business customers has led policyholders to hire Mishcon de Reya to launch legal action against the insurer. Mishcon de Reya has been hired by a group

Karma, a fintech aimed at eradicating crippling payday loans by offering interest-free advances, has trialled in Scotland with the support of ethical investor Fortunis Capital. Karma allows employees monthly salary advances of £300 with zero interest -  in stark contrast to the 1200%

Edinburgh-based family business Broughton Removals has expanded and rebranded in its 50th year, thanks to a funding package from Royal Bank of Scotland. The removals and storage company, founded by Sonny Munro in 1970, has recruited three new staff members to bolster its loyal team - most of wh

Iain Young, partner at Morton Fraser, comments on the importance for companies of reviewing their articles of association at this time. The social distancing restrictions imposed by the UK government has meant that all businesses have moved to remote working arrangements where it is possible for the

Katharine Wooller, managing director at Dacxi and Eire, a crypto-based platform which helps bring cryptocurrency to 'the crowd', discusses how the coronavirus pandemic is killing cash and what might replace it. The first time I saw a shop declaring itself cashless, it was unusual enough I took a pic

The Financial Conduct Authority (FCA) will be introducing a package of measures outlined last week to support consumer credit customers facing payment difficulties due to coronavirus.

UK retail sales in March hit record lows as sakes volumes dropped by 5.1% according to the latest Office for National Statistics (ONS) data.