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A debt repayment system similar to student loans payback schemes where companies only start repaying debt undertaken during the coronavirus crisis once they have turned a profit, has been proposed by the Institute of Directors (IoD) as critical to economic recovery.  Directors of UK businesses

Standard Life Aberdeen has told the majority of its staff to work from home until the end of this year. Yesterday the company told 4,900 UK employees working from home during the UK's lockdown not to expect to come back to the office this year.

Employer confidence has started to pick back up in some Scottish cities, according to the latest job market data from CV-Library.

Kris Keane, director at big-four audit firm Deloitte, details how firms can emerge from lockdown stronger than when they entered it. A typical crisis plays out over three time frames: ‘respond’, in which a company deals with the present situation and manages continuity; ‘recover&rs

HM Revenue & Customs’ (HMRC) specialist ‘task forces’ have collected £540 million in extra tax revenue for the UK authority in the last financial year, according to research by Pinsent Masons. The amount collected by the task forces in 2019/20 was broadly level with that

Neil Mitchinson, director of Edinburgh Asset Finance, details why now is not the time for panic selling and ures that firm's let assets take some of the financial strain during the COVID-19 crisis. When the cry of “Fire!” rings out across a crowded theatre, it is a brave and level-headed

PwC is set to reopen offices across England with reduced occupancy from June 8. The firm's UK chairman Kevin Ellis said that the firm is planning a phased return to the office with this first step paving the way for more people returning to work in its offices.

Businesses across the country have now been awarded more than £100 million through the Scottish Government Business Support Fund. The scheme, announced by cabinet secretary Fiona Hyslop at the end of April, has to date helped more than 2,500 businesses and 4,160 self-employed people.

UK households repaid a record £7.4 billion of unsecured debt in April, according to data published by the Bank of England.

Tesco has announced that its chief financial officer Alan Stewart has decided to retire from the company on 30 April 2021. Mr Stewart joined Tesco in September 2014 and, as a member of the board and executive committee, has played an instrumental role in the turnaround of Tesco.

BDO has taken over from KPMG as the auditor of Ted Baker. In January, Ted Baker reported that the value of inventory held on the group’s balance sheet at 26th January 2019 was overstated by £58 million, a number more than double the value of the £20-25m it initially suggested.

The Financial Conduct Authority (FCA) has said that insurance firms must consider the impact of coronavirus when assessing the value of their insurance products. The guidance sets out what the FCA considers firms should be doing to identify any material issues that affect the value of the gener

A total of 128 companies have now received more than £5 million of financial support through the Scottish Government’s Seafood Resilience Fund.

A man who bought one of the world's most expensive cars, a Ferrari 250 GTO, is entitled to have its original gearbox, located years after the sale in a US workshop, a judge has ruled.

Kerrie Murray has been promoted from chief financial officer to chief executive of manufacturing firm Pryme Group. The chartered accountant joined Pryme Group, which has offices in Dundee, Aberdeenshire, North Shields, Lancaster and Altrincham, in June 2018, as CFO, after having worked more than 10