Bank of Scotland



Lloyds allocates £2.4 billion for bad COVID-19 loans

Lloyds Banking Group, the owner of Bank of Scotland, has posted a £602 million pre-tax loss for the first half of this year, as the bank set aside £2.4 billion for bad loans.

Published 30 July 2020

Bank of Scotland: Scottish business confidence remains low

Despite business confidence rising by four points during July to -37%, the overall confidence of firms in Scotland remains low, according to the latest Business Barometer from Bank of Scotland Commercial Banking.

Published 28 July 2020

Scottish business broadly welcomes chancellors 'tax less, spend more' statement

In yesterday's summer economic statement, chancellor Rishi Sunak announced a number of measures aimed at supporting the UK economy in the wake of the coronavirus pandemic, such measures include a temporary 5% VAT cut for the food and hospitality industry.

Published 9 July 2020

Bank of Scotland: Business confidence falls even further in Scotland

Business confidence in Scotland fell by a further eight points during June to -41%, marking the lowest level of confidence across all UK regions and nations, according to the latest Business Barometer from of Bank of Scotland Commercial Banking.

Published 30 June 2020

Estate agents expect a bounce as property market reopens today

Estate agents across Scotland are forecasting a record month for sales in July, eclipsing the 10,352 properties sold in July 2018.

Published 29 June 2020

Mulholland Plant Services secures funding from Bank of Scotland

West Calder-based Mulholland Plant Services has kept moving during the current crisis after securing financial support from Bank of Scotland.

Published 11 June 2020

FCA fine Lloyds Bank, Bank of Scotland and The Mortgage Business £64m for mortgage arrears failures

The Financial Conduct Authority (FCA) has fined Lloyds Bank, Bank of Scotland and The Mortgage Business a total of £64,046,800 for failures in relation to their handling of mortgage customers in payment difficulties or arrears.

Published 11 June 2020

Housebuilder Rural Renaissance Limited secures six-figure funding package from Bank of Scotland

Melrose-based housebuilder Rural Renaissance Limited (RRL) has secured a six-figure funding package from Bank of Scotland to support its working capital, enabling it to continue to pay suppliers and honour its contractual commitments during the coronavirus crisis.

Published 2 June 2020

Kinloch Lodge secures six-figure CBILS loan from Bank of Scotland

Kinloch Lodge, an award-winning luxury hotel on the Isle of Skye that has lost over a thousand bookings because of the COVID-19 pandemic, has secured its future thanks to a six-figure CBILS loan from Bank of Scotland.

Published 1 June 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

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

Iain Potter Construction anticipates prosperity despite coronavirus pandemic

Lanarkshire-based Iain Potter Construction (IPC) is anticipating an increased workload amid the current coronavirus pandemic after the firm secured a has secured a six-figure CBILS loan from Bank of Scotland to help it stave off the impact of the coronavirus pandemic. 

Published 27 May 2020

Charles Stamper Fruit & Veg secures six-figure CBILS loan from Bank of Scotland

Edinburgh-based Charles Stamper Fruit & Veg has secured a six-figure CBILS loan from Bank of Scotland.

Published 27 May 2020

Dunaskin Properties secures £30m funding package from Bank of Scotland

A portfolio of some of Glasgow’s best-known and most historic office and retail buildings will become greener as Dunaskin Properties has secured a £30 million funding package from Bank of Scotland.

Published 26 May 2020

Norman Jamieson Ltd secures six-figure CBILS loan from Bank of Scotland

Dundee-based lorry hire firm Norman Jamieson Ltd has secured a six-figure loan from Bank of Scotland to help buffer against a decrease in demand amid the construction industry shutdown.

Published 22 May 2020