Banking

A derelict brownfield site in the west of Edinburgh is to be transformed into a multi-purpose country park and leisure facility with £26 million backing from the Scottish National Investment Bank (SNIB) The Wavegarden Scotland redevelopment of the disused Craigpark Quarry near Ratho will see t

Clydesdale Bank owner Virgin Money has  partnered with Superscript, the insurtech scale-up, to provide its business banking customers with customisable, flexible, subscription-based business insurance.

East Kilbride-based e-commerce business Dimensions Scotland has secured £522.5,000 from HSBC UK to purchase a new warehouse after demand for its services grew significantly during the pandemic. Dimensions partners with its customers by providing outsourced storage and order fulfilment services

The Financial Conduct Authority (FCA) has told banks they must treat small business customers fairly when collecting and recovering debts.

Scotland’s private sector economy remained in expansion territory for the sixteenth month running during June, according to the latest Royal Bank of Scotland PMI data, but growth momentum eased for the second straight month. The seasonally adjusted headline Royal Bank of Scotland Business Acti

The latest upturn in permanent staff appointments throughout June was the softest in 16 months, according to the latest Royal Bank of Scotland Report on Jobs survey.

Lloyds Banking Group has announced the appointment of Scott Wheway as chair of Scottish Widows Group. Mr Wheway will also be appointed non-executive director of the banking giant and Scottish Widows. His appointment at the pensions firm will come into effect on September 12 this year.

Clydesdale Bank owner Virgin Money is to give £75 million of spare capital back to shareholders as the bank embarks on its first share buyback programme.

A new partnership has been formed between Edinburgh-based bank Hampden & Co and Hiscox Private Client, seeing both organisations collaborating to offer specialised insurance solutions to clients. The relationship will also allow Hampden & Co to introduce clients to Hiscox Private Client who

Andrew Bailey, the governor of the Bank of England (BoE) has revealed that the bank is leaving "all options on the table", including a 50 basis-point interest rate increase in an attempt to fight back against rising inflation. Mr Bailey told an audience of global central bankers at the European Cent

Business confidence in Scotland fell 15 points to 27% in June, according to the latest Business Barometer from Bank of Scotland Commercial Banking.

Santander UK is to launch Santander Navigator, a digital subscription platform to support UK companies as they explore international expansion options.

The British Business Bank has appointed Susan Nightingale to the role of UK network director for the Devolved Nations, leading the Bank’s activity in Scotland, Wales and Northern Ireland. Ms Nightingale has been with the bank since January 2020 following a career spanning both public and priva

Clydesdale Bank owner Virgin Money is joining forces with untied, the UK personal tax app, to offer tax capabilities for sole traders who have a Virgin Money business current account.

A new Highland town near Inverness has laid the final brick of its 250th home, as it enters the second phase of development after securing £2 million from Bank of Scotland.