General

When a company is wound up it means it permanently closes down, and creditors repaid as far as monies allow. The winding up process in Scotland is set out in the Insolvency Act, 1986, Sections 122-124, and involves a winding up petition that is filed at court.

In 2019, the Financial Conduct Authority (FCA) instructed banks to introduce a simpler fee structure for arranged and unarranged overdrafts before April 2020, namely a flat annual interest rate.

Scotland’s rivalry with England dates back over 1,000 years to the Battle of Brunanburh when both countries would regularly brawl over territory, and this weekend draws stark similarities as another set of hairy brutes from each nation go head-to-head in rugby’s Calcutta Cup.

The coronavirus pandemic has left thousands across the UK redundant or in unsecure jobs. How can individuals in Scotland find employment or new roles in 2021?