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Day: 24 March 2020

Corporate Insurance

Marsh promotes Park to multinational role

Marsh, the insurance broker and risk adviser, has appointed Fiona Park (pictured) as its multinational practice leader for Scotland within its UK corporate division. Ms Park leads the team which bringsRead More

32 jobs lost

Remnant Kings falls victim to changing consumer habits

Remnant Kings
Remnant Kings: ‘nil income’ Fabric supplier Remnant Kings, a prominent name in Scottish haberdashery for 74 years, has collapsed with the loss of 32 jobs. Established in 1946, the companyRead More

Contradictory advice

Gove and Sturgeon differ on building site workers

housebuilding
Building work continues at many sites Westminster and Holyrood are at loggerheads over who should be allowed to work during the coronavirus lockdown. The UK government declared that work onRead More

'Essential' work confusion

Union calls for clarity as plumbing firm stays open

McAlpine Plumbing requested its 700 employees turn up for ‘essential’ work A union is demanding the Scottish and UK Governments give ‘crystal clear’ advice to employers and workers after 700Read More

Decisive action on cash flow

Whitbread likely to breach covenants, halts investment

Premier Inn
Premier Inn at Lomondgate: the group is halting expenditure Hotels group Whitbread today said it is likely to be in technical default of its covenants as a result of theRead More

Cash released for firms

Grants now available for businesses hit by virus

Kate Forbes
Kate Forbes: ‘economic emergency’ (pic: Terry Murden) Businesses can now apply for grants to help them deal with the impact of the coronavirus outbreak. The one-off grants are designed toRead More

Latest sporting event to be hit

Olympic Games in Tokyo to be delayed by 12 months

Tokyo Games to be delayed by a year The Tokyo Olympic Games has become the latest major sporting event to be postponed due to the coronavirus pandemic. The Japanese capitalRead More

Tuesday update

Daily Business Live: markets surge; Whitbread cuts

Traders on Wall St (pic: NYSE)
9.30pm: Markets The Dow Jones Industrial Average rose by 11.3%, or nearly 2,100 points, its biggest one-day gain since 1933. The S&P 500 was up 9.3% – its best day sinceRead More

Landlords 'understand'

Burger King joins fast food chains refusing to pay rent

Burger King
Whopping rent bill: chain says it won’t pay Fast food restaurants say they will withhold their rent due this this week as they grapple with closures that have ripped throughRead More

Chain criticised

Backlash forces Sports Direct into u-turn over plan to stay open

Sports Direct google maps Kirkcaldy
Backlash: Sports Direct remains open Sports Direct has dropped plans to open all its shops following widespread disgust and ridicule. Immediately after the government ordered all UK shops selling non-essentialRead More