More UK financial institutions are targeting acquisitions and partnerships with fintech firms to boost their position in a growing market, according to a report from Bank of Scotland owner Lloyds Bank. More than two fifths (46%) of financial services firms plan to grow investment in their fintech ca
Bank Of Scotland
Glasgow-based dental business Smart Dental Holdings has acquired its sixth dental surgery in a bid to further expand its footprint, with a six-figure funding package from Bank of Scotland. Smart Dental Holdings is managed by clinical director Dr Michael Tang and his business partner Dr Summon Ramzan
Financial services firms are upping their efforts to tackle climate change and become more environmentally sustainable, as the UK prepares to host the COP26 summit in Glasgow, according to a report from Bank of Scotland owner Lloyds Bank. Almost twice as many UK financial institutions consider envir
Melrose-based developer Rural Renaissance Limited (RRL) has broken ground on a new 14-flat retirement complex in the town centre, with support from Bank of Scotland.
Business confidence in Scotland rose five points during September to 39%, the second consecutive month of growth, according to the latest Business Barometer from Bank of Scotland Commercial Banking. Scottish firms reported higher confidence in their own business prospects month-on-month, up 14 point
Prestwick-based hardware and housewares supplier Wright’s Home Hardware is tripling the size of its Helensburgh premises to cope with rising demand from UK gardeners and DIYers, thanks to a £385,000 funding package from Bank of Scotland. Wright’s Home Hardware, founded in 1969, off
Financial wellbeing is the top priority (57%) for Brits ahead of physical, intellectual and social wellbeing. Yet only around half (55%) feel comfortable regularly checking their bank statements, according to new research from Bank of Scotland owner Lloyds Bank. The bank is encouraging consumers to
Business confidence in Scotland rose six points during August to 34%, according to the latest Business Barometer from Bank of Scotland Commercial Banking. The full easing of lockdown restrictions in Scotland in August was a clear boost for businesses, with overall confidence in the economy also risi
Glasgow-based Carmichael Homes has broken ground on a new sustainable 25-flat development in Edinburgh, thanks to seven-figure funding package from Bank of Scotland.
Bank of Scotland owner Lloyds Bank is planning to become one of the UK's biggest landlords as it aims to purchase 50,000 homes in the next ten years. The lender plans to charge tenants rent as a private landlord under its recently launched Citra Living brand.
The number of UK sectors reporting output growth was not unanimous for the first time since March in July, as food and drink manufacturers wrestled with labour shortages and healthcare firms faced weaker demand, according to Bank of Scotland owner Lloyds Bank's UK Recovery Tracker. Momentum in the U
A quarter (25%) of young people in Scotland say a lack of knowledge is a key barrier to home ownership, with two fifths (39%) unable to confidently explain how a mortgage works, according to the latest research from Bank of Scotland. The survey of over 2,100 18 to 34-year-olds living in Scotland, fo
The coronavirus pandemic prompted a wave of innovation as businesses pivoted their operations to survive, according to a Bank of Scotland survey. Almost half (48%) of Scottish businesses said the pandemic forced them to be more creative and innovative in finding new areas of growth.
Dundee fintech Embark Group Limited (EGL) has been sold to Bank of Scotland owner Lloyds Banking Group for a consideration of £390 million.
Bank of Scotland owner Lloyds Banking Group has posted a statutory profit before tax of £3.9 billion for the six months to the end of June. In 2020, the bank posted a first-half loss of £602 million, after allocating £2.4bn for bad loans.