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Hammerson, the retail property company which owns Aberdeen's Union Square and Glasgow's Silverburn, has seen a major slump in rents, as two-thirds of the rent it expected to collect last week was not sent due to the economic impact of the coronavirus pandemic.

The UK's biggest rent-to-own company, BrightHouse, has collapsed, with Grant Thornton appointed as administrators. Chris Laverty, Trevor O’Sullivan and Helen Dale have been appointed as joint administrators of the firm. 

Black Isle Brewery has warned that the coronavirus crisis could be "disastrous" for the brewing industry in Scotland, after the company reported a 95% decrease in sales.

Supermarkets in the UK are to benefit from a £3 billion tax break whilst sales skyrocket due to the coronavirus lockdown, according to Tax Watch UK.

Loganair is preparing to ask for a government bailout to sustain its business in the next few days.

The Bank of England’s (BoE) decision to lower interest rates to an all-time low of 0.1% could see UK savers' rate of return fall by as much as 62.5%, according to the latest research by peer-to-peer lending platform Sourced Capital. 

The UK economy stagnated in the fourth quarter of 2019, according to the latest data from the Office for National Statistics (ONS).

The Scottish Government has pledged £25m worth of funding to third sector organisations across Scotland through the newly created Third Sector Resilience Fund (TSRF).

A thief raiding a parked car was foiled after the vehicle's owner used a remote key to trap him until police arrived.

The UK's wrongful trading laws will be suspended to allow businesses to "weather the storm" of the coronavirus pandemic, Alok Sharma, the UK business secretary, has announced.

Stuart Robb and Michelle Elliot of Leonard Curtis Business Rescue & Recovery have been appointed as joint administrators of The Sea Door Limited, the operators of The Scalloway Hotel in Shetland. The two were appointed administrators on Wednesday last week.

Accountancy and business advisory firm French Duncan have today offered free help to any front-line business (such as pharmacies, food manufacturers or doctor’s surgeries) who might be struggling with extra administrative burden to ensure their staff still get paid on time. The company has a l

Scottish small and medium-sized enterprises (SMEs) are due to face substantial financial difficulties in the current coronavirus crisis, as they struggle to secure bank loans.

Royal Bank of Scotland has today announced a donation-matching programme of up to £5 million for the National Emergencies Trust (NET) coronavirus appeal, aimed at leveraging a further £5m of support from the public. The move will mean that from next Friday, donations to the NET made by R

Laura Brown, an advisor at Murray Beith Murray, a Scottish private client law firm, details the financial support made available to those who are self-employed, as part of the UK Government's coronavirus economic support measures. On Thursday, Chancellor Rishi Sunak announced further measures to sup