The Federation of Small Businesses (FSB) in Scotland has highlighted that figures released by the Scottish Government have revealed that the volume of cash reaching firms is slowing. The Scottish Government figures indicate that £621 million of coronavirus grant funding has been rele
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A £100 million package of additional grant support for small and medium-sized businesses (SMEs) and newly self-employed people will open for applications later today.
The Scottish Government has released figures showing that £526 million of coronavirus grant funding has been released to 45,387 Scottish businesses.
The UK Government has announced that small businesses will benefit from a new fast-track finance scheme providing loans with a 100% government-backed guarantee for lenders. Under the new initiative, businesses will be able to borrow between £2,000 and £50,000 and access the cash within d
More than £215 million has been awarded to over 18,000 Scottish business ratepayers in just two weeks to help firms combat the effects of the coronavirus outbreak, new figures have revealed.
The Federation of Small Businesses (FSB) Scotland has called for the Scottish Government to establish a new emergency grant and loan scheme for smaller businesses and the self-employed. In a letter to ministers, FSB Scotland has called for new help for operators who are either excluded from existing
Small business tenants are set to get new protection from eviction during the coronavirus outbreak, thanks to new legislation set to be passed by Holyrood today. Policymakers believe the change will protect commercial tenants for a period of at least three months.
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
Figures released by the Federation of Small Businesses (FSB) in Scotland show that there are thousands of self-employed people in every Scottish local authority area that could require income support during the coronavirus outbreak. Ahead of an expected announcement by Prime Minister Boris Jo
The Scottish Government has launched a £1 billion business support fund meaning businesses can now apply for grants to help them deal with the impact of the coronavirus outbreak. The one-off grants are designed to help protect jobs, prevent business closures and promote economic recovery, and
Yesterday, economy secretary Fiona Hyslop announced a series of measures to mitigate the economic impact of the coronavirus on businesses in Scotland, including a £2.2 billion for businesses. In her statement, Ms Hyslop warned that as a result of coronavirus, the Scottish economy is facing an
New measures to limit the impact of COVID-19 on the business community in Scotland, which includes a £320 million support fund, have been announced by Kate Forbes, finance secretary.
Yesterday, Chancellor Rishi Sunak delivered his first Budget for 2020/21 in the House of Commons. The budget took into account the economic impact of the recent COVID outbreak and contained measures to mitigate any problems stemming from this.
One in five small businesses could close or radically change their business model due to difficulties in recruiting EU workers, according to new research from the Federation of Small Businesses (FSB) in Scotland. FSB’s new study, published today, also sets out a four-point plan to make the imm
Small businesses are taking out loans to help manage their cash flow rather than utilising them to invest in their own operations, according to new research by the Federation of Small Businesses (FSB). This change in borrowing has arrived after late payments almost doubled to reach £23 billion