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LOW DEPOSIT HOME LOANS FROM HBOS

Lloyds Bank, Halifax and Bank of Scotland have introduced new home mover house purchase mortgages for borrowers with deposits as low as 10 per cent.  The deals will broaden out the banks’ low deposit offering beyond only first-time buyers, to existing homeowners looking to move.  New build properties are excluded from the deals and they cannot be used

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WYLIE & BISSET: SCOTTISH BUDGET FOCUSES ON FUNDING AND SPENDING

Glasgow-based chartered accountants, Wylie & Bisset, say that Finance Secretary Kate Forbes’ first budget has put funding and spending at its forefront, while sidestepping tax hikes. Warning that Scotland’s economic growth will not return to pre-pandemic levels until 2024, Ms Forbes confirmed that Scotland had suffered an unprecedented ‘economic shock’, triggering extra borrowing powers. GDP

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POUNDLAND PUTS SCOTTISH STORES INTO HIBERNATION

Eight Scottish stores are among the 44 earmarked for temporary closure by Poundland. The budget retailer will put them into hibernation starting tomorrow. The move comes after an 80% fall in footfall since the start of the coronavirus pandemic. The company confirmed that staff affected by the closures will be place on furlough. The Scottish

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