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Day: 21 April 2020

Extension to funding

Quiz agrees new banking facility with HSBC

quiz towie
A further update is due in June Quiz, the Glasgow-based fast fashion brand, has agreed an extension of its banking facilities with HSBC, which were due to expire on 23Read More

Support outlined

Three funds aim to help self-employed and SMEs

Fiona Hyslop
Fiona Hyslop: ‘we must look to the future’ Grant funding for the newly self-employed and SMEs in distress will be available in the coming days. Scottish Economy Secretary Fiona HyslopRead More

Retailer shuts

Cath Kidston to shut 60 stores and move online

Cath Kidston
The company began reviewing its stores in 2018 Cath Kidston, the vintage-style homewares, bags and clothing retailer, is permanently shutting its 60 UK stores with the loss of more thanRead More

Downturn forecast

Virus may see Scottish economy shrink by a third

Fiona Hyslop speaking
Fiona Hyslop: ‘we are doing everything we can’ (pic: Terry Murden) Scotland’s economy could shrink by a third because of the coronavirus pandemic, according to a report by the ChiefRead More

Retailer takes hit

John Lewis sales could plunge 35% this year

John Lewis
Department stores are currently closed John Lewis has seen a 17% slump in sales during the lockdown and says in the worst case it could see revenue this year plummetRead More

As I See It

Why we should say no to Branson’s call for support

Terry Murden, Scotland's Programme for Government
Virgin Atlantic, nor any other airline, has a right to survive, writes TERRY MURDEN

Tuesday Update

Daily Business Live: Saudi hints on oil; Primark; Joules

Primark
10.30pm: Saudi hints on oil Saudi Arabia has hinted for a second time in two weeks that it is ready to take further measures with OPEC to restore oil marketRead More

Top business honours

Scottish firms receive Queen’s Award for Enterprise

Ross and Archie Hunter, Armadilla
Ross and Archie Hunter, Armadilla Scottish companies from a range of sectors were among those named in this year’s Queen’s Award for Enterprise, the highest official UK awards for businessesRead More