Bank of Scotland



Lloyds Bank aims to buy 50,000 UK homes in next ten years

Bank of Scotland owner Lloyds Bank is planning to become one of the UK's biggest landlords as it aims to purchase 50,000 homes in the next ten years.

Published 20 August 2021

Staff shortages and rising input costs slow pace of UK economic growth

The number of UK sectors reporting output growth was not unanimous for the first time since March in July, as food and drink manufacturers wrestled with labour shortages and healthcare firms faced weaker demand, according to Bank of Scotland owner Lloyds Bank's UK Recovery Tracker.

Published 20 August 2021

Bank of Scotland: Two fifths of young Scots don’t understand how a mortgage works

A quarter (25%) of young people in Scotland say a lack of knowledge is a key barrier to home ownership, with two fifths (39%) unable to confidently explain how a mortgage works, according to the latest research from Bank of Scotland.

Published 18 August 2021

Bank of Scotland: Pandemic forced half of Scottish businesses to innovate

The coronavirus pandemic prompted a wave of innovation as businesses pivoted their operations to survive, according to a Bank of Scotland survey.

Published 17 August 2021

Dundee-based Embark Group sold to Lloyds Banking Group for £390m

Dundee fintech Embark Group Limited (EGL) has been sold to Bank of Scotland owner Lloyds Banking Group for a consideration of £390 million.

Published 30 July 2021

Bank of Scotland owner Lloyds Banking Group sees profits rise to £3.9bn

Bank of Scotland owner Lloyds Banking Group has posted a statutory profit before tax of £3.9 billion for the six months to the end of June.

Published 29 July 2021

Norserv Facilities Management builds holiday homes in Harris thanks to £90,000 funding from Bank of Scotland

Harris-based family business Norserv Facilities Management has expanded to encourage more people to visit the island and boost the local economy thanks to a £90,000 funding package from Bank of Scotland.

Published 27 July 2021

Young Scots remain positive about finances despite pandemic

Young people are generally positive about their money prospects, according to the latest How Scotland Lives research from Bank of Scotland.

Published 16 July 2021

Bank of Scotland unveils state-of-the-art 'concept' branch for Edinburgh

Bank of Scotland has revealed the first images of its brand new state-of-the-art ‘concept’ branch which will open in the St James Quarter development in Edinburgh later this month.

Published 18 June 2021

Bank of Scotland launches digital academy

A new digital academy launched by Bank of Scotland aims to help people, businesses and charities across Scotland boost their essential skills.

Published 18 June 2021

Impact Solutions secures £1.19 million loan from Bank of Scotland

Impact Solutions, a Grangemouth-based provider of technical testing and analysis, has acquired a new facility in Livingston to help transform its operations with the help of a £1.19 million loan from Bank of Scotland.

Published 8 June 2021

Bank of Scotland: Scottish business confidence continues to climb as restrictions ease

Business confidence in Scotland rose six points during May to 15%, the highest reading since February 2020, according to the latest Business Barometer from Bank of Scotland Commercial Banking.

Published 28 May 2021

A third of small businesses still unaware of bounce back loan repayment options

A year on from the launch of the Bounce Back Loan Scheme (BBLS), almost one in three (29%) small and medium-sized businesses who took out a loan are not aware of the Pay As You Grow (PAYG) options, according to research by Bank of Scotland owner Lloyds Bank.

Published 12 May 2021

Scottish business confidence enters positive territory for first time since pandemic began

Business confidence in Scotland rose 11 points during April to 9%, the first positive reading since February 2020, according to the latest Business Barometer from Bank of Scotland Commercial Banking.

Published 30 April 2021

Bank of Scotland owner posts £1.9bn pre-tax profits for first quarter of 2021

Bank of Scotland owner Lloyds Banking Group has posted £1.9 billion of pre-tax profits for the first quarter of this year, as the group released some of the provisions it had made for potential loan losses after the coronavirus outbreak.

Published 28 April 2021