Unemployment in Scotland rose to 4.3% between March and May as the coronavirus lockdown restrictions hit the jobs market hard.
Covid-19
Stirling-based family business The Paint Shed has secured a £2.7 million investment from BGF, the UK and Ireland's most active investor. The funding will be used to expand the firm's online presence and accelerate the roll-out of five additional stores, with sites planned in Scotlan
Renfrewshire Council has unveiled plans for a £1.3 million package of support designed to help local businesses get back on their feet after the coronavirus lockdown. The proposals, including crisis loans, grants and advice services, were based on the results of a detailed survey of local firm
UK banks have backed calls for a student loans-type repayment scheme for firms who have received coronavirus support loans to ensure struggling companies can make loan repayments.
Chancellor Rishi Sunak has ordered a capital gains tax review as the cost of the coronavirus pandemic mounts for the UK Treasury. The chancellor has asked the Office for Tax Simplification (OTS) to look at the tax, which comes into effect when assets that have increased in value are sold.
Staff at wealth manager Brewin Dolphin's Edinburgh office have raised £2,950 for two local charities by walking the equivalent, in miles, of the north coast of Scotland for their virtual 'north coast 500' challenge. Brewin Dolphin's chosen charities are the Edinburgh Foodbank and Scottis
The majority (88%) of mid-market businesses in the UK have made fundamental changes to their business model during the coronavirus pandemic, according to new research from Grant Thornton’s International Business Report. The research also found that 50% of firms are planning to continue with th
In times like these, many business owners and managers are planning the best route to kickstart their business back to growth. We’re working hard to help all our clients restart and revive their business.
Scottish companies listed on the FTSE index underperformed the market in the first half of the year, as the coronavirus pandemic had a significant impact on the economy, according to analysis from Brewin Dolphin. The wealth manager found that Scottish organisations on the FTSE averaged a share
Research from the Royal Bank of Scotland's Tyl service has signalled that Scotland's business recovery after the COVID-19 pandemic will be powered by contactless payments.
The UK’s GDP fell by 19.1% in the three months to May this year during the lockdown period.
The Association of Chartered Certified Accountants (ACCA) has joined with champions of small business to call for more help for the troubled sector in the wake of the coronavirus pandemic. The call came in a roundtable discussion hosted by ACCA with the Forgotten Ltd campaign, which supports small l
Lauren Hazlie, property solicitor at Jones Whyte, details the impact of the coronavirus pandemic on the housing market by discussing the extension to the Additional Dwelling Supplement Tax reclaim period. In Scotland, Additional Dwelling Supplement (ADS) Tax must be paid by a buyer on the purchase o
St Andrews based distiller and brewer, Eden Mill, has seen its sales increase by 9% during the coronavirus crisis-hit April to June 2020 trading quarter.
Andrew Knowles, senior director, restructuring advisory at financial consultancy firm Duff Phelps, details how the temporary suspension of wrongful trading doesn’t change the attention that directors should be giving when evaluating the financial position of their company. The tempor