Covid-19

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The impact of the COVID-19 pandemic has been felt more strongly by women business owners and entrepreneurs compared to their male counterparts, new research by Royal Bank of Scotland suggests. A YouGov survey commissioned by the bank found that nearly three-quarters (71%) of female business owners a

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The Gleneagles Hotel has announced that it will close with immediate effect and not reopen until February. The hotel, which is one of the most luxurious in Scotland, has decided to close its doors from today and has been writing to customers who have booked stays over the next seven weeks.

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Scottish listed companies recorded the smallest increase in profit warnings across the UK during the first three-quarters of 2020, according to new analysis from EY. The number of profit warnings in the first nine months of 2020 from companies headquartered in Scotland increased by 6%, the smallest

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Staff at Big Four accountancy firm PwC and asset manager company Schroders are to work from home permanently signalling a change to flexible working in the wake of the coronavirus pandemic. Kevin Ellis, PwC’s chairman, has said thousands of the firm’s 22,000 UK staff will never retu

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Debbie Mayor, director at accountants and business advisers Grant Thornton, reveals why businesses must adopt a similar approach to that taken by Holyrood policymakers in easing lockdown restrictions. Throughout the COVID-19 lockdown businesses of all sizes have demonstrated remarkable agility and r

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Royal London has paid out £8.5 million in claims to the families of more than 1,200 customers whose deaths were caused by the coronavirus. The firm, which employs 1,561 people in Scotland, reported an interim loss of £181m after a £397m profit at the same time last year.

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Perthshire-based timber manufacturing company, Glenalmond Timber, has received £600k in CBILS funding from the Royal Bank of Scotland to help safeguard the future of the business following the coronavirus pandemic.   The finance package will assist the third-generation family bu

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Retailers in Scotland lost £1.9 billion of retail sales during the first four months of the coronavirus pandemic, according to new analysis by the Scottish Retail Consortium (SRC).

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Tom Nener, legal director at Pinsent Masons, highlights the importance of protecting your brand as criminals take advantage of the pandemic. The coronavirus crisis has provided a fertile platform for sophisticated counterfeiters, as highlighted in recent reports by cross-border law enforcement

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Targeted measures to build a stronger, fairer and greener economic future for Scotland in the wake of coronavirus have been announced by the Scottish Government. Publishing responses to the advisory group on economic recovery report and the Enterprise and Skills Strategic Board report, economy secre

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