Bank Of Scotland

Lloyds Banking Group has put thousands of IT jobs under review as it seeks to modernise its digital banking services and compete with fintech rivals. The bank informed around 6,000 tech and engineering staff that their roles are at risk of redundancy, but will increase by 1,200, City AM reports.

Scottish business confidence edged down two points to 42% in January, according to the latest Business Barometer from Bank of Scotland. Despite a dip in overall sentiment, businesses in Scotland demonstrated a stronger outlook regarding their own trading prospects, which rose 14 points to 53%. This

Bank of Scotland-owner Lloyds Banking Group has confirmed it will close a further 136 branches by March next year, citing a significant shift towards digital banking among its customers.

Lloyds Banking Group, owner of Bank of Scotland and the UK's largest retail lender, is set to axe hundreds of jobs, as part of a major restructuring effort. The bank aims to cut costs and digitise its operations, leading to changes affecting over 1,000 roles.

Bank of Scotland-owner Lloyds Banking Group has announced it will allow customers of its three brands – Lloyds, Halifax, and Bank of Scotland – to use any branch regardless of which brand they bank with. The group claims the move will offer greater choice and flexibility, although it has

More Scottish businesses are expecting turnover and profitability growth in 2025 than they did entering 2024, new research from Bank of Scotland’s Business Barometer reveals. Nearly three quarters (73%) of firms expect to see their turnover increase in the year ahead, up from 60% polled in Dec

Business confidence in Scotland fell 13 points during November to 31%, according to the latest Business Barometer from Bank of Scotland. Companies in Scotland reported lower confidence in their own business prospects month-on-month, down two points at 43%. When taken alongside their optimism in the

Scottish businesses have called for a competitive tax system and solutions to skills shortages in Chancellor Rachel Reeves' first Budget, according to Bank of Scotland. BoS' Business Barometer reported that when asked about the key areas they want prioritised to support their businesses, 46% of

Scottish business confidence dipped to 44% in October, a four-point drop from September, according to the Bank of Scotland. The bank's latest Business Barometer shows that this mirrors a UK-wide trend, with confidence falling three points to 44%.

Lloyds Banking Group has exceeded profit expectations, reporting pre-tax profits of £1.8 billion for the third quarter.

Business confidence in Scotland fell by 16 points to 48% in September, according to the Bank of Scotland's Business Barometer. Companies in Scotland reported lower confidence in their own business prospects month-on-month, down 19 points at 47%. When taken alongside their optimism in the economy, wh

Royal Bank of Scotland (RBS) and Bank of Scotland (BoS), in conjunction with government grants, have provided £50 million in funding to support Kingdom Group's ongoing commitment to building high-quality affordable homes across Scotland. The funding will support the social housing provider's d

Concerns have been raised regarding the inquiry into a £1 billion banking fraud case at HBOS, after it was revealed that evidence is still being received in its eighth year. Former high court judge Dame Linda Dobbs, who was appointed in 2017 to investigate Lloyds Banking Group's alleged cover-

A senior banker who stole almost £18,000 from the accounts of an elderly, dementia-stricken customer has been imprisoned for 13 months. Stephen Barr, 38, of Aberdeen, deliberately targeted the 81-year-old widower because he knew he was vulnerable and confused.

Business confidence in Scotland rose 13 points during August to 64%, according to the latest Business Barometer from Bank of Scotland. Companies in Scotland reported higher confidence in their own business prospects month-on-month, up 21 points at 66%. When taken alongside their optimism in the econ