COVID-19



Renfrewshire Council unveils proposals for £1.3m coronavirus business support package

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.

Published 16 July 2020

Banks call for 'student loans' coronavirus debt repayment plan

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. 

Published 16 July 2020

Chancellor orders capital gains tax review as coronavirus bill mounts

Chancellor Rishi Sunak has ordered a capital gains tax review as the cost of the coronavirus pandemic mounts for the UK Treasury. 

Published 15 July 2020

Brewin Dolphin's Edinburgh office raises almost £3,000 for two local charities

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. 

Published 15 July 2020

Grant Thornton: Pandemic drives business model change for UK mid-market firms

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.

Published 15 July 2020

Brewin Dolphin: Scottish FTSE companies suffer in 2020

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. 

Published 14 July 2020

RBS: Scotland’s business recovery to be powered by contactless payments post pandemic

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.

Published 14 July 2020

UK GDP dropped by 19.1% during lockdown

The UK’s GDP fell by 19.1% in the three months to May this year during the lockdown period.

Published 14 July 2020

ACCA: Extra help urgent to save lives and livelihoods of UK SMEs

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.

Published 14 July 2020

Lauren Hazlie: Extension to the Additional Dwelling Supplement Tax reclaim period

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.

Published 13 July 2020

High spirits at Eden Mill as sales rise during lockdown

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.

Published 13 July 2020

Andrew Knowles: Suspending wrongful trading gives directors breathing space, but they aren’t immune from liability

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.

Published 13 July 2020

Roland Smyth: 10 reopening tips for bars and restaurant owners

Roland Smyth, head of Scottish hotels & leisure group at law firm CMS, provides some tips for bars and restaurant owners who are planning to reopen their businesses this week. 

Published 13 July 2020

RBS: Scottish private sector downturn continued through June as new orders dropped

Private sector activity in Scotland continued to decline significantly during June as firms reported a further drop in new orders throughout June, according to the latest Royal Bank of Scotland PMI.

Published 13 July 2020