The Scottish Government has called upon the UK Government to fill gaps in the funding schemes implemented to help businesses during the coronavirus pandemic.
Scottish Government
The economic impact of the efforts to tackle the coronavirus pandemic could Scotland's Gross Domestic Product (GDP) fall by around a third, according to a report by the Scottish Government’s chief economist Gary Gillespie.
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.
An independent advisory group has been set up to provide expert economic advice to the Scottish Government in response to the coronavirus crisis. The group will provide urgent advice on the private sector and business aspects of the Scottish Government’s economic response.
The announcement on Friday of a further £3.5 million to help large sea fishing vessels brings the total made available to the seafood industry by the Scottish Government from new and existing funds to £22.5m.
A number of Scottish councils have announced significant progress in distributing coronavirus support funding to businesses across the country.
The Scottish Government has announced that it will make a further £220 million of grants available for businesses including those with multiple branches after business objections that Scotland did not match the English support scheme. The new package of measures includes £120
The Scottish Government has announced a £3 million support package for the Scottish aquaculture sector to help businesses threatened by the effects of the coronavirus pandemic.
Scottish businesses, operating chains of shops, pubs, restaurants and hotels, have called on the Scottish Government to match the funding provided by the UK Government to aid struggling firms amid the coronavirus pandemic.
Fife Council is to make its first payments to businesses in receipt of Small Business Bonus Relief, Rural Relief and those eligible firms in the hospitality, retail and leisure sectors, with almost £8 million of support to be paid from this week.
More than £4.9 million of funding has been paid to date to Scottish Borders firms from the Scottish Government’s Coronavirus Business Support Fund, helping a total of 438 businesses. A dedicated team of staff continue to work through all applications received by Scottish Borders Council&
The Scottish Government has announced new measures to protect business tenants during the current coronavirus pandemic, with the notice period for commercial leases extended from 14 days to 14 weeks. The notice period before a commercial lease can be terminated for non-payment of rent has been exten
Scottish businesses are threatening the Scottish Government with court action in order to claim grants they believe they are entitled to, as firms face financial difficulty amid the coronavirus crisis.
A £5 million package of emergency financial support has been announced by the Scottish Government in order to help students facing hardship as a result of the coronavirus outbreak. Extra cash will be made available to any university and college students now struggling as a result of COVID-19,
Just over £1.7 million of funding has been paid out this week to some of the businesses in the Scottish Borders affected by coronavirus, providing vital support to 148 businesses in the area.