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Scotland has gone from lockdown to slowdown warns small business chief

Andrew McRae of the Federation of Small Businesses said continued Covid restrictions would be the ‘final straw’ for some operators.

Glasgow cityUnited kingdomCity ofMarc crothallAndrew mcraeDavid lonsdaleFederation of small businessesScottish retail consortiumScottish tourism allianceFirst minister nicola sturgeonSmall businessesகிளாஸ்கோ நகரம்ஒன்றுபட்டது கிஂக்டம்நகரம் ஆஃப்மார்க் குரோட்டால்ஆண்ட்ரூ மக்ரே

Coronavirus Scotland: Business leaders warn of final straw as Edinburgh set to remain in Level 2 for a month

Coronavirus Scotland: Business leaders warn of final straw as Edinburgh set to remain in Level 2 for a month
scotsman.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from scotsman.com Daily Mail and Mail on Sunday newspapers.

United kingdomWest lothianCity ofAndrew mcraeDavid lonsdaleNicola sturgeonCouncil leader adam mcveyFederation of small businessesScottish parliamentScottish retail consortiumFirst minister nicola sturgeonSmall businessesFirst ministerLeader adam mcveyLevel twoஒன்றுபட்டது கிஂக்டம்

FSB joint report urges rethink on firms bounce-back loans

© Shutterstock / Quality Stock Art Thank you for signing up to The Press and Journal newsletter. Something went wrong - please try again later. Sign Up The Federation of Small Businesses (FSB) is one of the partners behind a new report which recommends offering struggling companies the option to convert state-backed loans into employee ownership trusts (EOTs). FSB and Ownership at Work (OaW), Ownership at Work, a charitable independent think tank that aims to raise understanding and awareness of the impact of employee ownership, say it will protect livelihoods and spur productivity According to the Office for Budget Responsibility, 40% of Covid-19 bounce-back loan borrowers may default.

United kingdomMichal wachucikMartin mctagueNigel masonFederation of small businessesOffice for budget responsibilityPost thumbnailQuality stockSmall businessesBudget responsibilityDebt recovery planUnited kingdom governmentஒன்றுபட்டது கிஂக்டம்நைகல் கொத்தனார்கூட்டமைப்பு ஆஃப் சிறிய வணிகங்கள்அலுவலகம் க்கு பட்ஜெட் பொறுப்பு

Call to convert Bounce Back loans into shares for staff

Doing so would spur productivity and protect jobs as the economy recovers from coronavirus, according to the Federation of Small Businesses

Sam woodsMartin mctageNigel masonFederation of small businessesOffice for budget responsibilityPrudential regulation authoritySmall businessesBounce backBudget responsibilityBanks and financeUk economyசாம் வூட்ஸ்நைகல் கொத்தனார்கூட்டமைப்பு ஆஃப் சிறிய வணிகங்கள்அலுவலகம் க்கு பட்ஜெட் பொறுப்புவிவேகமான ஒழுங்குமுறை அதிகாரம்

Convert government loans into equity to save firms | Business

Ministers have been urged to allow companies to convert state-backed loans into equity for their staff amid fears that 40 per cent of borrowers under the “bounce back” scheme could default.Writing off

Federation of small businessesSmall businessesகூட்டமைப்பு ஆஃப் சிறிய வணிகங்கள்சிறிய வணிகங்கள்