Armadilla Ltd, a family-run design and manufacturing business in Midlothian, is set to benefit from the global staycation market as it emerges from the lockdown with a growing order book for its innovative, luxury, eco-friendly accommodation pods.
Clydesdale Bank
Virgin Money, the owner of Clydesdale Bank, has announced that it will resume plans for branch closures in Scotland which it halted due to the coronavirus pandemic. In May, the bank's boss David Duffy said it had paused plans to change bank branch names to Virgin Money as it made provisions for high
Go Ape, the UK outdoor adventure company and visitor attraction has secured funding from the Coronavirus Business Interruption Loan Scheme (CBILS) through Clydesdale Bank, owned by Virgin Money, to help it through the economic impact of the coronavirus crisis.
Rakkaus Furniture Ltd, a Kilmarnock-based commercial furniture provider, is one of the first businesses to benefit from the Coronavirus Business Interruption Loan Scheme (CBILS) through Virgin Money-owned Clydesdale Bank. CBILS is a UK Government initiative facilitated by participating banks to
David Duffy, the owner of Clydesdale Bank, has halted plans to change bank branch names to Virgin Money as it made provisions for higher losses on loans in light of the coronavirus outbreak. The swift change in plans and allocation of coronavirus safety-net funds has caused the lender's first-
Virgin Money, formerly known as Clydesdale Bank, has announced that it will not proceed with the branch closures and job cuts announced in February, as a result of the current situation with COVID-19. The lender announced on February 27, that it would be cutting 500 jobs and closing 52 bra
The GlenAllachie Distillers Co. Limited has secured a £30 million asset-based lending package from Clydesdale Bank, thanks to support from the new Scottish arm of Belfast-based finance specialists HNH. The award-winning whisky company appointed Bruce Walker, director of HNH’s Edinburgh t
Age Scotland, the national charity for older people, has warned that the latest Clydesdale Bank and Virgin Money closures risk creating banking deserts across Scotland. Virgin Money recently announced that it would close 22 Clydesdale Bank, Yorkshire Bank and Virgin Money branches across the UK this
Scottish banks have been ranked lowest for customer service in the latest Competition and Market Authority (CMA) analysis.
Clydesdale Bank owner Virgin Money has begun its search for a new chairman after Dundee-born financial services veteran Jim Pettigrew announced his plans to retire by September 2021. The Glasgow-based group said that the board has initiated a search process to allow time to identify his successor an
Lanarkshire-based food manufacturer R&W Scott has agreed a new £500,000 funding package with Clydesdale Bank to assist with its future investment plans following a management buyout in 2018. Michael Mackie(Clydesdale Bank), Michael Currie (Corporate Partner, Aberdein Considine), Mich
The first tranche of Virgin Money branches will open next month as the company phases out the Glasgow-headquartered Clydesdale Bank brand. CYBG will open its new Virgin money stores in Manchester, Birmingham and London in December.
Caldive Ltd has used £7.5 million in funding from Clydesdale Bank, alongside its own capital, to acquire a 33-metre renewable services workboat which will significantly boost the company’s capacity to service clients in the renewable energy sector. Caldive Ltd is one of Scotland's larges
The initiation of the phase-out of Clydesdale Bank (CYBG) to Virgin Money UK has resulted in a 6% increase in CYBG's shares. The rise follows the announcement made yesterday by CYBG that a "significant milestone" had been reached which marked the beginning of the rebranding of Clydesdale and Yo
H&H Care Homes Limited has agreed a £12,750,000 deal with Clydesdale Bank to refinance debt on three of its largest care facilities, as part of wider plans for new expansion. The group, which owns Handsale Care Homes, has refinanced its Caledonia, Westerfield and Sŵn-y-Môr developme