Banking

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.

TopHat, a construction company backed by the American investment bank Goldman Sachs, has announced its intention to deliver Europe’s largest modular homes facility in the UK.

The Scottish Building Society has underlined its commitment to the country’s high streets, as it opens the doors of its new-look Troon Relationship Centre on Ayr Street, representing a five-figure investment to the local area. Derek Johnston, chief risk officer at Scottish Building Society, al

The UK Government’s trading plan to sell part of its shareholding in Royal Bank of Scotland owner NatWest has been extended for another 12 months. A trading plan involves selling shares in the market through an appointed broker in an orderly way at market prices over the duration of the plan.

Barclays has agreed a £3 million credit facility with Loretto, Scotland’s oldest boarding school, to accelerate its long-term strategic growth plans.

Boutique hotel brand Resident Hotels has secured a £22 million loan with NatWest for the development of its first Edinburgh location.

Santander UK and the Dedicated Card and Payment Crime Unit (DCPCU) are running a series of webinars designed to help protect UK businesses against scams and fraud. The DCPCU is a national police unit formed in partnership between UK Finance, the City of London Police, Metropolitan Police and Home Of

The Bank of England has announced that it will withdraw its mortgage stress test from the start of August this year. In March, the bank's Financial Policy Committee proposed withdrawing affordability rules that were put together after the financial crisis and require banks to check whether borrowers

Nationwide Building Society has increased the interest rate on its FlexDirect current account to a "market-leading" 5%. The 5% AER rate (4.89 gross) will be available for new applications opened from 21 June on balances up to £1,500 for the first 12 months. Those switching their current accoun

M&D Green Group, an independent, family-owned Glasgow-based pharmacy group has secured eight-figure funding from HSBC UK to support its ambitious acquisition strategy. The Glasgow-headquartered group has secured an eight-figure credit facility from HSBC UK to enable the business to make five str