Bank of Scotland



Lloyds cuts 865 jobs as it resumes restructuring programme

Bank of Scotland owner Lloyds Banking Group is resuming its restructuring programme which will see it cut 865 jobs across the UK.

Published 10 September 2020

CMA stops Bank of Scotland / Lloyds bundling business accounts with COVID-19 loans

The Competition and Markets Authority (CMA) has stopped Bank of Scotland owner Lloyds Banking Group from forcing small business customers to open paid-for business current accounts when taking out emergency coronavirus Bounce Back Loans.

Published 9 September 2020

Number of first-time buyers in Scotland at seven-year low

The number of first-time buyers in Scotland is at a seven-year low, falling over a third (35%) since last year, according to the latest data from Bank of Scotland. 

Published 4 September 2020

Scottish Dental Care Group to acquire two new practices thanks to £1.75m from Bank of Scotland

The Scottish Dental Care Group is set to acquire two new practices by October as part of its ambitious growth plans, after securing a £1.75 million funding package from Bank of Scotland.

Published 28 August 2020

Bank of Scotland: Business confidence in Scotland heading in the right direction

Business confidence in Scotland rose two points during August to -35% according to the latest Business Barometer from Bank of Scotland Commercial Banking.

Published 28 August 2020

Bank of Scotland Inverness building up for sale

An Inverness building let to Bank of Scotland is being marketed for sale by Shepherd Chartered Surveyors. 

Published 19 August 2020

Borrowing from the bank of mum and dad drops by a third during lockdown

Borrowing money from loved ones dropped by almost a third (30%) in the last year, then a further 44% during lockdown, according to the latest data from Bank of Scotland. 

Published 14 August 2020

Allan Munro Construction secures six-figure funding package from Bank of Scotland

Highland property developer Allan Munro Construction is set to launch the first five units of a 38-plot development despite months of disruption caused by the coronavirus pandemic, thanks to a six-figure funding package from Bank of Scotland.

Published 10 August 2020

Lloyds allocates £2.4 billion for bad COVID-19 loans

Lloyds Banking Group, the owner of Bank of Scotland, has posted a £602 million pre-tax loss for the first half of this year, as the bank set aside £2.4 billion for bad loans.

Published 30 July 2020

Bank of Scotland: Scottish business confidence remains low

Despite business confidence rising by four points during July to -37%, the overall confidence of firms in Scotland remains low, according to the latest Business Barometer from Bank of Scotland Commercial Banking.

Published 28 July 2020

Scottish business broadly welcomes chancellors 'tax less, spend more' statement

In yesterday's summer economic statement, chancellor Rishi Sunak announced a number of measures aimed at supporting the UK economy in the wake of the coronavirus pandemic, such measures include a temporary 5% VAT cut for the food and hospitality industry.

Published 9 July 2020

Bank of Scotland: Business confidence falls even further in Scotland

Business confidence in Scotland fell by a further eight points during June to -41%, marking the lowest level of confidence across all UK regions and nations, according to the latest Business Barometer from of Bank of Scotland Commercial Banking.

Published 30 June 2020

Estate agents expect a bounce as property market reopens today

Estate agents across Scotland are forecasting a record month for sales in July, eclipsing the 10,352 properties sold in July 2018.

Published 29 June 2020

Mulholland Plant Services secures funding from Bank of Scotland

West Calder-based Mulholland Plant Services has kept moving during the current crisis after securing financial support from Bank of Scotland.

Published 11 June 2020

FCA fine Lloyds Bank, Bank of Scotland and The Mortgage Business £64m for mortgage arrears failures

The Financial Conduct Authority (FCA) has fined Lloyds Bank, Bank of Scotland and The Mortgage Business a total of £64,046,800 for failures in relation to their handling of mortgage customers in payment difficulties or arrears.

Published 11 June 2020