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.
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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
Scotland’s small businesses ended a tough 2019 with confidence and profits falling, new figures from the Federation of Small Businesses (FSB) reveal. In the final quarter of 2019, FSB’s Scottish Small Business Index (SBI) fell by 13.7 points to stand at -27.2. The fall was mirrored acros
MSPs have rejected the proposed changes to the Non-Domestic Rates (Scotland) Bill which suggested giving local authorities the power to set business rates.
Three-quarters of Scottish firms believe that giving councils additional powers over non-domestic rates would be bad for business, according to a new survey from the Federation of Small Businesses (FSB). The poll - conducted over the last month - also shows that seven in 10 businesses are opposed to
Strathaven-based businessman Andy Aird, who has over four decades of experience in the automotive industry, has been elected to co-ordinate grassroots activity for the Federation of Small Businesses (FSB) in Scotland. Mr Aird, owner of transport consultancy Concierge Vehicle Solutions, has