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Friday Update

DB Live: easyJet vote; brewing merger; Carluccio’s; markets

Gen!us
6pm: Shearings collapses Coach company Shearings has collapsed with the loss of 2,500 jobs. Full story here 5.05pm: Quarantine confirmed and date announced Passengers arriving into the UK will haveRead More

Move to cashless society

Zumo’s app eases use of cryptocurrencies

Zumo team
Mission: the Zumo team based in Leith Zumo, an Edinburgh-based mobile wallet and payments start-up backed by Coldplay bassist Guy Berryman, has launched an app that stores, sends and allows consumers toRead More

As Finance Bill passed...

FreeAgent chief says MPs missed chance to help contractors

Ed Molyneux
Ed Molyneux: many freelancers will be disappointed A Scottish entrepreneur says MPs have missed an opportunity to help millions of freelancers and contractors by failing to defer a controversial taxRead More

Top board hire

Ex-PayPal EMEA CEO takes Money Dashboard chair

Renier Lemmens
Renier Lemmens: top level experience Money Dashboard, the Scottish tech company which has developed a personal finance app, has appointed former PayPal EMEA CEO Renier Lemmens as its new chairman.Read More

Tightening on eligibility

Companies facing crackdown on government support

Richard Leonard
Richard Leonard: ‘We cannot go back to business as usual’ (pic: Terry Murden) Companies operating in Scotland which are registered in overseas tax havens must not receive financial support fromRead More

Investments

Scam warning as record 55 year olds access pensions

Access to pensions was granted in 2015 (pic: Phoenix Life) A record number of UK adults will reach ‘pension freedom’ age this year amid concern that they will be targetedRead More

Court ruling required

FCA seeks legal clarity on interruption claims

Grassmarket
Businesses remain closed because of the virus (pic: Terry Murden) Britain’s financial watchdog is pursuing action through the courts to seek legal clarity on the insurance rights of customers whoRead More

Backlog concern

Bereaved families face being locked out of estates

James Mackinnon
James MacKinnon: backlog Bereaved families face being locked out of their relatives’ estate for months as Coronavirus clogs up Scotland’s legal system, according to a Scottish law firm. With onlyRead More

Pressure on budgets

One in three turn to savings to make ends meet

Money - own pic
One in three Britons are turning to savings to make ends meet as almost two-thirds cut their spending because of the Coronavirus outbreak. New research from Ipsos MORI says moreRead More

Impact of virus

Insurers feel heat despite paying £1.2bn in Covid claims

Beehive Inn pub Grassmarket
Businesses are facing ‘painful’ times (pic: Terry Murden) UPDATE 26 APRIL: Insurers continue to come under pressure from companies over honouring business interruption policies despite confirming they expect to payRead More