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
The Federation Of Small Businesses
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.
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
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.
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
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
The third decade of devolution will see Scotland - and its business community - wrestle with an unprecedented period of change, Andrew McRae, of the Federation of Small Businesses (FSB) Scotland has underlined in his festive message. Over the last two decades, Scotland’s smaller firms have rev
The third decade of devolution will see Scotland - and its business community - wrestle with an unprecedented period of change, according to Andrew McRae, policy chair at the Federation of Small Businesses Scotland. Mr McRae said: “Over the last two decades, Scotland’s sma
Following the announcement of a majority Conservative government, various financial and business services in the UK have given their response. Chris Sanger, EY’s head of tax policy, commented on what the General Election result means for UK tax and the Chancellor’s Budget in the ne
The Lanarkshire Women in Business Closing The Female Funding Gap event was the second event in a year-long pilot initiative aimed at boosting female entrepreneurship in Lanarkshire. Over 60 women attended the free event which was designed to help break down barriers and open up access to busine