The Bank of England’s (BoE) decision to lower interest rates to an all-time low of 0.1% could see UK savers' rate of return fall by as much as 62.5%, according to the latest research by peer-to-peer lending platform Sourced Capital.
Accountancy and business advisory firm French Duncan have today offered free help to any front-line business (such as pharmacies, food manufacturers or doctor’s surgeries) who might be struggling with extra administrative burden to ensure their staff still get paid on time. The company has a l
Royal Bank of Scotland has today announced a donation-matching programme of up to £5 million for the National Emergencies Trust (NET) coronavirus appeal, aimed at leveraging a further £5m of support from the public. The move will mean that from next Friday, donations to the NET made by R
Laura Brown, an advisor at Murray Beith Murray, a Scottish private client law firm, details the financial support made available to those who are self-employed, as part of the UK Government's coronavirus economic support measures. On Thursday, Chancellor Rishi Sunak announced further measures to sup
Efforts are under way to help prevent further disruption to the buying and selling of homes across Scotland after Registers of Scotland (RoS) temporarily closed the application record and the UK Government advised home buyers and renters to delay moving unless the new property is empty.
As hoards of the nation's workforce settles into the new routine of working from home, Johnston Carmichael employees have participated in the Dress Up Friday movement. Gemma Spiers, partner and head of marketing at the chartered accountancy firm, shared her dress up Friday attire on
Chancellor Rishi Sunak has announced support measures for those who are self-employed and hit by the coronavirus outbreak. Mr Sunak announced, if they have suffered a loss in income, a taxable grant will be paid to the self-employed or partnerships, worth 80% of their profits up to a cap of £2
To help home movers impacted by coronavirus, mortgage providers will give customers who have exchanged contracts the option to extend their mortgage offer for up to three months to enable them to move at a later date, UK Finance has announced.
Sir John Vickers, former chairman of the Independent Commission on Banking, has called upon the Bank of England to block more than £7.5 billion of dividends to be paid out by banks. The call, adds to the mounting pressure on the bank's governor, Andrew Bailey, to force banks to scrap payout pl