Bank of Scotland owner Lloyds Banking Group has resumed dividend payments despite reporting a 72% drop in profits. For the year ended 31 December 2020, the bank's profits dropped to £1.2 billion, down from £4.39bn last year. Lloyds Banking Group has also allocated £4.bn to cover fu
Bank Of Scotland
North Star Shipping, Britain’s largest offshore emergency response and rescue vessel (ERRV) operator, has secured a new £40 million finance package from Bank of Scotland as it pursues growth in its North Sea operations. The term loan and revolving credit facility puts in place long term
The Competition and Markets Authority (CMA) has written to Bank of Scotland owner Lloyds Banking Group over its breaches of the Payment Protection Insurance (PPI) Market Investigation Order 2011 which the CMA were notified about in September last year. The notification came seven years after the ban
First-time buyer transactions bounced back strongly in the second half of 2020, up 69% from 89,6000 in H1 to 16,226 in H2 once the housing market reopened, according to the latest figures released by Bank of Scotland.
Lloyds Banking Group, which owns Halifax and Bank of Scotland, has introduced new home-mover house purchase mortgages for borrowers with deposits as low as 10%. The deals will expand the banks’ low deposit offering beyond only first-time buyers, to existing homeowners looking to move.
Business confidence in Scotland fell 23 points during January to -32%, according to the latest Business Barometer from Bank of Scotland Commercial Banking.
Bank of Scotland owner Lloyds Banking Group has unveiled the next stage of its plan to boost Scotland’s fintech workforce in the fastest-growing digital economy outside London. As part of the launch of its new tech hub in Edinburgh in March 2019, Lloyds announced a recruitment drive to create
The majority of Scottish SMEs remain focused on improving their environmental sustainability despite COVID19, according to Bank of Scotland’s Commercial Banking’s Business Barometer. More than half (56%) of Scottish SMEs said becoming more environmentally sustainable is important to thei
Direct Soccer, a Dundee-based sports kit and equipment retailer, has built a state-of-the-art automated warehouse as part of ambitious growth plans, thanks to a six-figure funding package from Bank of Scotland. Trading online since 2002, Direct Soccer sells personalised football team kits, training
Shoe retailer Schuh has secured a £19 million finance facility with Bank of Scotland owner Lloyds Banking Group. The funding has been secured through the Treasury's coronavirus large business interruption loan scheme (CLBILS).
A Scottish housebuilder is transforming a former Edinburgh industrial site into 77 new homes, thanks to a £5.8 million funding package from Bank of Scotland.
Bank of Scotland owner Lloyds Banking Group has announced that it is reintroducing 10% deposit mortgage deals after COVID-19 crisis saw banks and building societies cut such deals from their offerings. The mortgages will be available for first-time buyers from the group’s Lloyds Bank and Halif
Business confidence in Scotland fell 10 points during November to -38%, however, the prospect of a COVID-19 vaccine offers hope, according to the latest Business Barometer from Bank of Scotland Commercial Banking.
Bank of Scotland owner Lloyds Banking Group has joined forces with 500 UK retailers to offer cashback services in communities where cash availability is low. The initiative builds on the success of a 2019 pilot, also delivered in partnership with Visa, and could be extended further if successfu
Bank of Scotland owner Lloyds Banking Group has appointed Charlie Nunn as its new group chief executive officer and executive director. Mr Nunn is currently global chief executive, wealth and personal banking at HSBC. Since joining HSBC in 2011, Mr Nunn has held a range of leadership positions