News

Matt Henderson, restructuring partner at Johnston Carmichael, reflects on the speculation of imminent corporate failures in the UK stemming from the coronavirus pandemic.  There’s been a lot of concern expressed that an imminent rise in corporate failures is on the cards as soon as s

Architecture practice 3DReid has secured a loan from Barclays through the Coronavirus Business Interruption Loan Scheme (CBILS). The company has worked on a number of high-profile projects including designing the Emirates Arena & Sir Chris Hoy Velodrome, the showpiece of the 2014 Glasgow Commonw

Online bank Monzo has topped the charts for customer service amongst UK banks in the latest Ipsos MORI Personal Banking Service Quality survey. Customers with personal current accounts were asked how likely they would be to recommend their provider, their provider’s online and mobile bank

The UK housing market had its busiest month for a decade in July as the value of property sales reached a record £37 billion, according to Rightmove.

A new package of support for Renfrewshire businesses to tackle the immediate impact of coronavirus is now open for applications. The £1.3 million Renfrewshire Coronavirus Business Support Fund offers local businesses, including people self-employed, the opportunity to apply for:

From today, 3.5 million eligible self-employed people in the UK will be able to claim for the second grant under the Self-Employment Income Support Scheme (SEISS) - which gives financial support during the coronavirus crisis. 

Aberdeen-based plastic surgery firm Alpha Clinic has acquired established aesthetics business Innocent Aesthetics Ltd just months after opening in the West End of the city. Alpha Clinic is owned by Leah and Thanassi Athanassopoulos. The couple invested a six-figure sum earlier this year to

ISIS allegedly ran a coronavirus personal protective equipment (PPE) scam, according to the US Department of Justice (DOJ). 

A new survey by the Scottish Chambers of Commerce has found that further direct financial support is needed to help firms deal with potential local lockdowns as over half of firms (56%) have reported lower levels of cashflow compared to one month ago. A total of 56% of the firms surveyed h

Guthrie Group, a Livingston-based distributor of health and safety and facilities supplies, has secured £250,000 in funding from the Royal Bank of Scotland to secure the long-term future of the business following the coronavirus pandemic.   The CBILS loan has enabled the business to maint

An aerospace centre of excellence will be built adjacent to RAF Lossiemouth, thanks to £21 million of funding, UK Government minister for Scotland, Iain Stewart, has announced.

Murray International Trust Plc, a fund managed by Aberdeen Standard Investments, has maintained its dividend, despite a 10.7% decline in net asset value (NAV) total return. Announcing its interim results, the company revealed that two interim dividends of 12.0p (2019: 12.0p) have been declared

Bob & Berts, an independent food & coffee shop brand, have cited Scotland as a key target for business growth as they prepare to open a new store in Stirling with plans underway for around six new outlets across the country.  The firm, which re-opened its existing shops in Kirkcaldy, Fa

Edinburgh and New Zealand-based onservation specialists Kaitiaki Consulting have launched a drive for investors to help in the fight against climate change. Kaitiaki Consulting is releasing 20% of its share capital as it massively ramps up its drive for large scale land redevelopment and rewilding i

Glasgow-based fashion company Quiz has agreed two months of breathing space with HSBC after agreeing an extension of its existing banking facilities from £1.75 million to £3.50m.