Covid-19

Audit, tax and consulting firm RSM is lending its support to Edinburgh-based retail firm Lost Stock by helping to run its day to day finances.

Since the start of the coronavirus crisis, audit firms across the UK have introduced a range of additional measures to improve their evaluation of companies’ going concern assessments.

A Scottish Masterchef finalist and restaurateur has taken some of his staff off furlough and re-employed them at his award-winning restaurant after being inundated with orders from across the UK for his home deliveries of fine dining lobster dinners. Dean Banks, 32, a finalist in the BBC Masterchef

The Scottish Chambers of Commerce (SCC) has called for VAT to be cut in the hospitality and tourism industry to help businesses who have been hit the hardest by the coronavirus pandemic.

Edinburgh-based fintech lending platform LendingCrowd has been approved for accreditation by the British Business Bank as a new lender under the Coronavirus Business Interruption Loan Scheme (CBILS). This means LendingCrowd will be able to distribute UK government-backed loans to SMEs impacted by th

Smart Metering Systems (SMS), the Glasgow-based energy tech firm, is returning its furlough cash received from the UK Government. The company had suspended its smart meter installation activities on 22 March 2020 as a result of the developing coronavirus situation. Due to significant uncertainties a

The Financial Conduct Authority (FCA) has confirmed that payments on credit card, personal loans and other revolving credit products will remain frozen for a further three months for those who are still experiencing temporary payment difficulties due to coronavirus.

The British Chambers of Commerce (BCC) has called for “swift, substantial and immediate action” to bolster the economy, as its Quarterly Economic Survey (QES) found that UK economic conditions deteriorated at an unprecedented rate in the second quarter of 2020.

Business confidence in Scotland fell by a further eight points during June to -41%, marking the lowest level of confidence across all UK regions and nations, according to the latest Business Barometer from of Bank of Scotland Commercial Banking. Companies in Scotland reported lower confidence in the

Simon Capaldi, office agency partner at Knight Frank, discusses how the coronavirus pandemic will accelerate changes to office-based working. Social distancing has turned our lives upside down and at short notice businesses adapted to remote working, moving office life into the home.

Women’s Enterprise Scotland (WES), with support from the Royal Bank of Scotland, has launched a new digital platform designed to support women at the pre-start-up and start-up stage of their business journey. Supported by RBS Back Her Business, the digital Women’s Business Centre, which

The UK economy has suffered the joint biggest drop since the July-to-September period in 1979, as GDP contracted by 2.2% in the first quarter of 2020.

Hawick-based Chrysties Furnishing Centre as reopened in the month of its 30th birthday following a £200,000 Coronavirus funding package from Royal Bank of Scotland. Chrysties has been a much-loved family firm in Hawick for the past three decades. The coronavirus lockdown measures forced the fa

Lothian based eco-friendly toy company, Yummikeys has reported a 291% increase in YTD trade figures with monthly sales tripling since the lockdown measures were introduced in March.

Edinburgh start-up Breathe Easy has won a £50,000 grant from the Scottish Government to help with its development of the first lip-reading face masks in Scotland.