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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

Businesses on brink

FCA ‘must apply pressure on insurance firms’

Alison Thewliss
Plea: Alison Thewliss (pic: Terry Murden) The Financial Conduct Authority (FCA) needs to take action with insurance companies refusing to cover valid business claims, says the SNP. The FCA hasRead More

Wednesday Update

Daily Business Live: Laura Ashley; Zoom; Boohoo; Netflix

Laura Ashley
7.30pm: Zoom upgrades Zoom Video Communications is upgrading the encryption features on its video conferencing app to quell safety concerns as its users surged by 50% in the past threeRead More

Wednesday Update

Daily Business Live: SPFL verdict; fashion chains fail; Big 4 cut

Oasis Clothing
10.30pm: US hit by economic woes Dismal US economic and first-quarter earnings reports added to concerns over the extent of damage from the coronavirus outbreak dragging down on the WallRead More

As Snoop prepares for launch...

Gadhia: ‘I’m still searching for top job after Virgin Money’

Jayne-Anne Gadhia of Virgin Money
Jayne-Anne Gadhia: looking for the answer Former Virgin Money chief executive Jayne-Anne Gadhia has admitted she is still unsettled after leaving such a high profile job. Mrs Gadhia spoke aboutRead More

On the Money

Let’s hope the experts have called it right on the lockdown

Alan Steel
Experts have a poor forecasting record and the virus numbers are already in question, writes ALAN STEEL

Help for consumers

Loan and credit card payments to be frozen

Intu credit card MBNA
Pressure eased on consumers Banks are being urged to introduce a three-month payment freeze on loans and credit cards where consumers face difficulties with their finances as a result ofRead More

Funds dry up

Home buyers hit as lenders withdraw mortgage products

nationwide
Lenders are facing a funding issue Nationwide is temporarily reducing mortgage offers for low-deposit borrowers including first-time buyers as lenders face a growing squeeze on available funds. The building societyRead More