Port Glasgow-based REL Group, a wholesale electronics supplier and recruitment specialist, has secured a £250,000 Coronavirus Business Interruption Loan (CBIL) from Barclays to support it in the wake of COVID-19.
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The coronavirus lockdown has damaged the confidence of Scottish businesses so badly that 61% fear they will go bust despite government support, according to a new survey of Scottish businesses conducted by Scotianomics. More than 400 companies, working across 17 broad sectors, took part in the
The Scottish Government has announced that coronavirus financial help will be expanded to include businesses that share properties, such as indoor markets, and for firms that aren’t on the rates system, such as some bed and breakfasts. The Federation of Small Businesses (FSB) – who led c
Cameron Ewer, head of Savills Residential in Scotland, has outlined the implications of the Scottish Government’s route map out of lockdown on Scotland's residential property market.
The Scottish Government has issued guidance for the manufacturing and retail industries detailing the steps to be taken as Scotland eases its lockdown restrictions.
Thousands of small businesses say they are firefighting immediate concerns such as cashflow pressures and resuming operations safely ahead of lockdown lift, according to the latest research from Association of Chartered Certified Accountants (ACCA). The partnership study with The Corporate Fina
The coronavirus lockdown is helping to accelerate take-up of digital banking services amongst consumers in Scotland, with many feeling more confident about using online and mobile channels, according to new research from Virgin Money.
Scotland's gender employment gap has dropped over the last ten years according to statistics released by Scotland's Chief Statistician.
Marie-Antoinette's travel bag has been sold for €43,750 at an auction in France.
Probably the most challenging task when reopening or increasing activity is predicting the level of customer demand. The ideal would match staff, production and operations to demand to preserve working capital and cash. This is difficult enough in normal times.
Seven Scottish hotels have closed down after a major UK travel firm Specialist Leisure Group fell into administration. An estimated 2,500 jobs have been lost and 64,000 bookings have been cancelled with the collapse of the firm.
Michael Reid, managing partner at Aberdeen-based Meston Reid & Co, discusses the suspension of wrongful trading. When the temporary suspension of wrongful trading rules for company directors was announced, the UK government commented that it was designed to help business owners combat the f
A portfolio of some of Glasgow’s best-known and most historic office and retail buildings will become greener as Dunaskin Properties has secured a £30 million funding package from Bank of Scotland. Dunaskin Properties secured the funding against ten of its city centre propertie
Edinburgh-based private bank and wealth management company Adam & Company has appointed Andy Hall as financial planning director. Mr Hall joins from Barclays Wealth Management, where he was director of wealth planning for Scotland and Northern Ireland.