An independent family retail business in Moray has been supported by a six-figure Coronavirus Business Interruption Loan (CBIL) from HSBC UK to help see it through the pandemic. J.P.Pozzi - the family’s award-winning Buckie newsagent, gift shop and coffee shop - and its sister company Bijou by
Anime Limited, a Glasgow-based anime distribution company, has received a six-figure Coronavirus Business Interruption Loan (CBIL) from HSBC UK to support the business throughout the Covid-19 pandemic and take advantage of the recent growth in customer demand for anime internationally. The company,
HSBC UK has today launched a £650 million fund for small and medium-sized enterprises (SMEs) in Scotland, part of a broader £15 billion lending fund to support SMEs across the UK. The move is part of the bank's commitment to help British businesses innovate and grow as the country looks
Team Magnus, a Scottish junior sports and adventure goods firm with operations globally, has secured a £175,000 Coronavirus Business Interruption Loan (CBILS) from HSBC UK to meet the exceptional demand for its products, and to safeguard several jobs. The firm, which is based in Auchterarder a
H&I Adventures, an Inverness mountain and e-mountain bike (e-MTB) guided tour company, has secured a £100,000 Coronavirus Business Interruption Loan (CBIL) from HSBC UK to allow the business to continue trading through COVID-19 and safeguard several jobs.
HSBC is set to cut its office space by nearly half over the next few years in anticipation of the long-term workplace changes caused by the COVID-19 pandemic. The bank, which is Europe's biggest, will abandon 40% of its offices in London and other cities around the world but keep its headquarters in
Ewen Stevenson, the chief financial officer of HSBC will donate the first year of his pay increase to charity, according to the bank's annual results. Mr Stevenson is set to receive a £147,000 pay rise, increasing his base salary to almost £1.1 million. HSBC's annual results state
HSBC has announced that will close 82 branches in the UK this year as the COVID-19 pandemic exacerbates the move away from in-person banking and towards digital methods. The closures, which will leave HSBC with 511 branches across the UK, will take place between April and September, with the bank pl
HSBC has warned that it could close accounts for customers who refuse to wear masks in its bank branches. The bank called for customers to respect the law that made wearing face coverings in its branches mandatory to stop the spread of COVID-19.
Two north-east families have invested £2 million to launch Scotland’s first dedicated gluten free oat plant in Aberdeenshire. The 1,000sq metre Oat Co. Scotland facility has been built at Enerfield Business Park, near Foveran, which lies within the 30-mile Energetica corridor between Abe
Inverness-based Meallmore Ltd has secured a £41 million funding package from HSBC. The firm, which is one of Scotland's largest independent care home operators, will use the funding to purchase two new sites for future development and refurbish some of its 25 homes across Scotland.
The University of Edinburgh has invested £5 million in green projects after becoming the first university in the UK to sign up to HSBC’s new green deposits programme. The Green Deposits programme enables organisations to invest directly in green projects that promote the transition to a
HSBC has indicated that it could charge for some current accounts as the banking industry anticipates the introduction of negative interest rates. Yesterday, the bank said it was assessing whether to charge for basic banking services in some countries.