HSBC UK has announced the launch of a £500 million Green SME Fund as part of its commitment to support businesses of all sizes to transition and thrive in a low carbon economy. This follows HSBC’s global commitment to provide between $750 billion and $1 trillion of financing and investme
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Puremalt, a Haddington-based malt ingredient supplier, has agreed a £7 million funding package with HSBC to expand its grain-processing capacity by building new facilities. The funding will be used to build a new brewhouse.
The Financial Conduct Authority (FCA) has fined HSBC £63,946,800 for failings in its anti-money laundering processes. HSBC used automated processes to monitor hundreds of millions of transactions a month to identify possible financial crime. However, the FCA found that three key parts of HSBC&
Business leaders are confident about both domestic and international growth, despite supply chain disruption and the lingering threat of Covid-19, according to new research from HSBC.
HSBC UK has announced the launch of a £500m Green SME Fund as part of its commitment to support businesses of all sizes to transition and thrive in a low carbon economy. This follows HSBC’s global commitment to provide between USD750 billion and USD 1 trillion of financing and investment
A sustainable Scottish distillery has secured £2.6 million from HSBC UK to support the building of its new visitor centre, creating around 30 new jobs in the Angus area.
G&S Investments is now the sole owner of Lanarkshire chemist thanks to substantial funding from HSBC UK. The company purchased the remaining 50% of Lesmahagow-based Abbeygreen pharmacy after owning half the business for 3.5 years.
Blanket and scarf brand, The Tartan Blanket Co., has received a £1.8 million loan from HSBC UK to purchase new premises, as demand grows globally. The Edinburgh-based natural wool brand, which makes natural and sustainable tartan blankets, has used the funding to purchase a new 32,000 sq. ft.
Williams Bros. Brewing Company has solidified its business with long-term production solutions thanks to a seven-figure investment from HSBC UK. The Alloa-based family-run brewery has used the funding to invest in a range of brewing equipment and packaging facilities, allowing the business to create
HSBC has seen its profits after tax rise by $5.3 billion to $8.4bn in the first half of 2021. The lender has also posted profits before tax of £10.8bn, up $6.5bn from the same period in 2020.
HSBC UK and TSB have launched their lowest ever fixed-rate mortgages at 0.94%.
Glasgow-based M&D Green Group, one of Scotland’s largest independent pharmacy operators has acquired a new store in the Scottish Highlands following a seven-figure deal with HSBC UK.
ActionCoach, the world’s largest business coaching organisation, has established a new and exclusive base in Edinburgh after securing a five-figure funding package from HSBC UK. The start-up, headed by Graham Clarke, a licensed business coach with 10 years’ experience working with B
The number of sub-1% mortgages on offer in the UK has increased as major banks and lenders extend their ranges. HSBC UK has unveiled a rate below 1% for the first time in nearly five years, while Nationwide Building Society is offering a 0.99% mortgage fixed for two years for borrowers with a 40% de
Award-winning Scottish salmon business, Loch Duart, has purchased a new feeding barge to increase production after securing a six-figure asset financing deal from HSBC UK.