Business confidence in Scotland saw a five-point decline in June, settling at 47%, according to the latest Business Barometer from Bank of Scotland.
Bank Of Scotland
The majority of Scottish firms believe AI adoption will be a key growth driver in the country’s economy, according to Bank of Scotland’s Business Barometer, as many report AI-related increases in productivity and profitability. More than half (52%) of Scotland’s businesses believe
Bank of Scotland has appointed David McInally as area director for the North of Scotland, reinforcing its commitment to supporting businesses across the region. Mr McInally, who stepped into the role in June, will lead a team of experienced Relationship Managers supporting businesses in the North fr
Business confidence in Scotland rose 12 points during May to 52%, according to the latest Business Barometer from Bank of Scotland. While companies in Scotland reported lower confidence in their own business prospects month-on-month, down four points at 57%, firms’ optimism in the economy rose
An award-winning Glasgow family-run pizza business is moving into a larger factory in Coatbridge to meet growing demand, creating 17 new jobs and doubling its production capacity. Victor Pizza Ltd, founded in the 1970s as a small family bakery, has grown into a £5 million business while stayin
Two of the 14 UK sectors reported output growth in April, according to the latest Bank of Scotland UK Sector Tracker. Compiled using exclusive PMI survey data from around 1,300 private sector companies, the report shows software services (54.5) and real estate (50.4) saw an increase in output. This
Business confidence in Scotland fell significantly in April, dropping 15 points to 40%, according to the latest Business Barometer from Bank of Scotland Commercial Banking. Companies in Scotland reported lower confidence in their own business prospects month-on-month, down four points at 61%. When t
A fast-growing Dundee manufacturer is making its mark on the global energy sector, and its success is driving job creation and skills investment at home.
The number of growing UK sectors held steady in March, according to the latest Bank of Scotland UK Sector Tracker. Compiled using exclusive PMI survey data from around 1,300 private sector companies (between 12-27 March), the report shows that four sectors saw output growth, the same number as in Fe
Business confidence in Scotland rose by two points during March to 55%, according to the latest Business Barometer from Bank of Scotland. Scottish businesses reported higher confidence in their own business prospects month-on-month, up 15 points at 65%. When taken alongside their optimism in the eco
Highland Spring Group, producer of natural source waters, has secured £50 million in funding from Bank of Scotland and Barclays.
Scottish business confidence has experienced a significant uplift, rising 11 points to 53% in February, according to the Bank of Scotland's latest Business Barometer. While companies in Scotland reported lower confidence in their own business prospects month-on-month, down three points at 50%, their
Lloyds Banking Group has put thousands of IT jobs under review as it seeks to modernise its digital banking services and compete with fintech rivals. The bank informed around 6,000 tech and engineering staff that their roles are at risk of redundancy, but will increase by 1,200, City AM reports.
Scottish business confidence edged down two points to 42% in January, according to the latest Business Barometer from Bank of Scotland. Despite a dip in overall sentiment, businesses in Scotland demonstrated a stronger outlook regarding their own trading prospects, which rose 14 points to 53%. This
Bank of Scotland-owner Lloyds Banking Group has confirmed it will close a further 136 branches by March next year, citing a significant shift towards digital banking among its customers.