Mortgage holidays should impact credit score, urges Nationwide

Nationwide has said that a borrower's credit rating should be affected if they take a further mortgage holiday.

Published 29 May 2020

Bank of Scotland: Scottish firm's confidence rises but remains near record low

Business confidence in Scotland rose 17 points during May to -33%, remaining near record lows, according to the latest Business Barometer from Bank of Scotland Commercial Banking.

Published 29 May 2020

Nationwide profits drop by 40%

Nationwide has seen its profits plummet by 40% after taking a £101 million hit from the coronavirus pandemic.

Published 29 May 2020

UK car manufacturing drops by 99.7%

The British car manufacturing industry came to a near standstill in April with production down 99.7% compared to April last year.  

Published 29 May 2020

UK housing sector income hit as COVID-19 impact begins to bite

The significant impact the coronavirus pandemic is having on the UK social housing sector is beginning to emerge with additional arrears increasing to an estimated £100 million since lockdown began and lettings activity down 77%.

Published 29 May 2020

And finally... high spirits

One of the world's oldest bottles of Cognac has been sold in an online auction for £118,580.

Published 29 May 2020

Bank of Scotland funding helps Stella’s Voice support locals impacted by COVID-19

Stella’s Voice, a Peterhead-based charity that works to safeguard young people across Eastern Europe from traffickers and homelessness, has received funding from Bank of Scotland to help it support locals amid impacted by the coronavirus pandemic.

Published 28 May 2020

FSB urges ministers to give grants to firms forced to re-close

The Federation of Small Businesses (FSB) in Scotland is asking ministers to consider financial support for workplaces that are required to re-close because staff have been in contact with the virus.

Published 28 May 2020

Scottish village pharmacies taken over thanks to Unity Trust Bank funding

Two village pharmacies in Scotland have new owners thanks to a funding package from Unity Trust Bank.

Published 28 May 2020