The UK economy will not get back to pre-pandemic levels for four years according to the EY Item Club.
Covid-19
A funding package of £10 million has been established by the Scottish Government to help the Scottish events sector recover from the coronavirus pandemic.
A new £4 million funding stream for the independent museums sector to help bolster resilience following the coronavirus pandemic has been announced by culture secretary Fiona Hyslop. The Museums Resilience and Recovery Fund will provide support for Scotland’s museums and galleries and wi
Businesses across almost all sectors in Scotland are experiencing further distress despite the support schemes implemented by the government to help combat the economic impact of the COVID-19 outbreak, according to insolvency firm Begbies Traynor. The country’s beleaguered hotels, bars a
Almost a third of Scottish SMEs intend to make the operational changes implemented during the coronavirus crisis a permanent fixture, according to new research from Santander.
Edinburgh-based financial services company Nucleus Financial Group has grown its assets under administration (AUA) despite the impact of the coronavirus pandemic on market volatility. The firm's AUA, which stood at £15.8 billion as at 30 June 2020, was up 13.1% on the previous
Worries over personal finances have decreased for the first time since the lockdown restrictions were implemented in the UK, according to a new survey conducted by Growth For Knowledge (GFK)
Retail sales in the UK increased by 13.9% in June, marking the second month of significant improvement in the wake of the coronavirus pandemic, according to the latest data from the Office for National Statistics (ONS).
The Financial Conduct Authority (FCA) has announced plans to extend the temporary measures put in place to help customers who hold insurance and premium finance products and who may be in financial difficulty because of coronavirus.
New orders in the Scottish manufacturing sector fell at a record pace in the three months to July, according to the latest quarterly Scotland Industrial Trends Survey.
The Scottish Parliament’s Local Government and Communities Committee has launched a call for views on the impact of coronavirus on the financial sustainability of local government in Scotland.
Despite a total year-on-year decline in retail sales of 18.6% in June, Scotland's retail sector appears to be on a slow path to recovery, according to the latest KPMG and Scottish Retail Consortium (SRC) Scottish Retail Sales monitor.
Businesses across the UK are on average, operating at half of their pre-COVID-19 capacity on average despite lockdown measures easing, according to the latest British Chambers of Commerce (BCC) Coronavirus Impact Tracker.
The Royal Bank of Scotland has told the majority of its staff to work from home until at least next year. Around 50,000 of the lender's staff will continue to work from home as part of the bank's "cautious" approach to returning to work.
Alison Woods, partner and employment law specialist at CMS, discusses the importance of diversity in the workplace as the world emerges from the coronavirus lockdown. As Scottish business faces one of the toughest-ever economic climates, employers may be questioning whether diversity and inclu