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The information below comes from the UK Activity Report.
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Bank of Scotland Bank of Scotland has provided £17m of funding to Longshot to expand its chain of restaurants. 31-May-2004 Westbury is forming a joint venture with Bank of Scotland called Wescott Homes, in order to acquire plots of land for the development of "aspirational" houses and apartments. 15-Mar-2004 Bank of Scotland has sold four hotels operated by Queens Moat Houses to Pedersen Group for more than £40m. 13-Jan-2004 Bank of Scotland is planning to acquire Compco, the London property company, for £147m. 13-Jun-2003 Miller Group and Bank of Scotland have announced a £400m deal to acquire 120 former hospital sites abandoned during the NHS Care in the Community initiative, which will involve the transfer of 278 staff from the Inventures subsidiary of NHS Estates. 12-Sep-2002 Bank of Scotland is providing £1m of funding to Coffee Partners to double its chain of 60 Java Junction coffee shops over the next five years, with the creation of 300 jobs. 26-Jun-2002 Bank of Scotland and Close Brothers are to support plans from Start Operations to develop a £20m chain of six innovation centres based on the St John's Innovation Centre in Cambridge. 25-Mar-2002 Bank of Scotland is forming a pan-European consortium called Aeolus to invest up to £1bn in wind farm developments, and partners include NordLB, NIB, PB Power, Norton Rose and Marsh. 18-Feb-2002 Halladale has formed a joint venture company with Bank of Scotland to invest £35m in property schemes. 17-Jan-2002 Bank of Scotland is opening the country's first convenience store bank at a Spar outlet in Inverkeithing, and the idea could be expanded to other areas. 23-Aug-2001 Bank of Scotland is to recruit an additional 15 managers at its new business bank in Inverness. 30-Jul-2001 Bank of Scotland and RF Hotels are forming a £270m joint venture fund to acquire up to 20 luxury hotels in Europe over the next five years. 26-Jun-2001 Halifax is negotiating a £27bn merger with Bank of Scotland, which will create the fifth largest bank in the UK and enable Halifax to expand further into current accounts and business banking. 26-Apr-2001 Bank of Scotland is forming a joint venture with Zurich Financial Services to offer bank accounts, credit cards, loans and mortgages to Zurich's customers. 19-Mar-2001 Abbey National and Bank of Scotland have abandoned their plans for a merger, but talks could resume if the Lloyds TSB bid for Abbey is blocked by regulators. 01-Mar-2001 Bank of Scotland is planning to open Scotland's first drive-by bank at a Texaco station near Dunfermline, and is now seeking additional sites. 28-Feb-2001 Bank of Scotland is to acquire ICC Bank from the Irish government for about £210m, while the TSB state-owned bank is being acquired by Irish Life & Permanent for £263m. 06-Dec-2000 Bank of Scotland is in negotiations to acquire ICC Bank for about £170m, in order to increase its presence in Ireland. 28-Nov-2000 Bank of Scotland is to combine all its business banking operations under the Bank of Scotland brand, following a rationalisation programme that has streamlined its back-office functions and shed 100 jobs. 20-Nov-2000 Bank of Scotland is planning up to 140 compulsorily redundancies in its Welsh operations, as part of a strategy to cut its workforce by 5% by outsourcing non-banking activities. 28-Sep-2000 Bank of Scotland is outsourcing its computer operations to IBM, in a £700m deal that will involve the transfer of about 500 staff. 29-Jun-2000 Bank of Scotland has awarded a £190m contract to First Banking Systems, its joint venture with FI, for the development of commercial software and information systems. 10-May-2000 Bank of Scotland is forming an alliance with British Telecom to offer online banking and e-business services to small and medium-sized companies. 17-Mar-2000 Airtours is planning to form an internet-based bank in partnership with the Bank of Scotland, which would represent the first major move by a holiday company into mainstream financial services. 28-Feb-2000 Bank of Scotland has announced plans to expand its internet-based home loans business into more European countries, and will also introduce deposit accounts. 13-Jan-2000 Bank of Scotland is considering plans to sell its 56% stake in BankWest of Australia for about £440m, in order to help fund its hostile bid for National Westminster Bank. 20-Dec-1999 Bank of Scotland has announced a number of internet banking initiatives, including a Dutch mortgage business and holiday package service in partnership with the Scottish Tourist Board. 30-Sep-1999 Bank of Scotland has launched a £22bn hostile takeover bid for National Westminster Bank, and plans to sell NatWest's Gartmore fund management arm, its Greenwich capital markets unit and Ulster Bank. 25-Sep-1999 Bank of Scotland is providing equity support to a new company called Scotsman Hotel, which aims to spend £90m launching a chain of 12 hotels across the country. 23-Sep-1999 Hill Hire, the truck rental company, is to be acquired by the Bank of Scotland in a £74m deal. 15-Sep-1999 Bank of Scotland has awarded a five-year contract to BT Syncordia Solutions for the outsourcing of its voice, data and mobile telephone networks. 02-Sep-1999 Bank of Scotland is to start offering mortgages in Ireland, with the intention of undercutting the main housing lenders by at least 1%. 25-Aug-1999 Royal Bank of Scotland is forming a joint venture with the Bank of Scotland to provide acquisition finance for deals of up to £400m. 15-Jul-1999 Clydeport and Bank of Scotland have confirmed plans for a £500m development on the river Clyde in Glasgow, including leisure facilities, shops, housing and offices. 25-Jun-1999 Bank of Scotland's Capital Bank subsidiary is creating 270 jobs at its call centre in Wythenshawe, in order to cope with rising demand for personal loans. 21-Jun-1999 Bank of Scotland is planning to launch a direct-banking venture in Europe, and details are expected to be revealed later this year. 16-Jun-1999 Bank of Scotland is seeking a partner to develop a direct banking service in the US, following the cancellation of a previously-announced project with Robertson Financial Services. 07-Jun-1999 Bank of Scotland is planning a joint venture with the Pharmacy Guild to offer financial services through 5,000 pharmacies in Australia. 22-Apr-1999 Bank of Scotland is linking up with the Royal Bank of Scotland to set up Caledonian Capital, which will provide funding for buy-out deals above £100m. 30-Mar-1999 Bank of Scotland has won regulatory approval to set up its Investors Club, in order to offer pensions and life assurance and provide investment advice. 12-Mar-1999 Bank of Scotland is to launch a direct banking operation in the US in partnership with Robertson Financial Services. 02-Mar-1999 Bank of Scotland is to set up a new office at the £7m Lisbon House in Leeds next month. 01-Mar-1999 Bank of Scotland is reorganising all of its activities into three operating divisions handling personal customers, small and medium-sized businesses, and corporate customers. 15-Jan-1999 Bank of Scotland's Capital Bank subsidiary has launched an executive aircraft leasing business in an alliance with Jersey-based aviation company Exxtor. 07-Jan-1999 Bank of Scotland is to consolidate its Leeds activities into the city's £7m Lisbon House development, which is currently under construction. 27-Aug-1998 Bank of Scotland is to stop selling insurance for Standard Life as it wants the freedom to develop its own range of life assurance products selected from a number of insurance companies. 22-Aug-1998 Lloyds TSB is to acquire the Bank of Scotland's Countrywide Bank subsidiary in New Zealand in a deal thought to be worth about £300m, and will now be able to challenge Westpac for market leadership. 29-Jul-1998 Bank of Scotland's Capital Bank subsidiary is said to be planning to create 700 jobs at new offices in Speke-Garston near Liverpool. 24-Jun-1998 Bank of Scotland has formed a joint venture with FI Group to provide IT services to the bank under a five-year £150m outsourcing contract. 03-Jun-1998 Bank of Scotland has begun offering its electronic banking service to corporate customers, in order to reduce business banking costs by up to 25%. 06-Apr-1998 Great Universal Stores is linking up with Bank of Scotland to create a new business called GUS Finance that will offer a range of loan products. 13-Feb-1998 Bank of Scotland is planning to sell its corporate trustee services business to State Street Bank & Trust. 11-Dec-1997 Bank of Scotland has increased its stake in EFT, the Scottish leasing company, from 11.6% to 92% and plans to integrate the business into its British Linen Leasing subsidiary. 03-Sep-1997 Clydeport, the port services company, is in discussions to set up a property joint venture with the Bank of Scotland. 27-Aug-1997 Bank of Scotland is to acquire EFT Group, the leasing company, for about £90m, and will merge it with its British Linen Leasing subsidiary. 01-Jul-1997 Bank of Scotland is to set up a £10m call centre in Motherwell, creating 500 jobs. 14-Jun-1997 J Sainsbury and Bank of Scotland have won a banking licence to set up Sainsbury's Bank, which should be up and running within six weeks. 11-Feb-1997 J Sainsbury is linking with Bank of Scotland to set up Sainsbury's Bank, which will start providing telephone banking services in its supermarkets from early 1997. 26-Oct-1996 Standard Life is to sell most of its 32% stake in the Bank of Scotland in a secondary offering, which means that a single company is unlikely to make a takeover bid. 11-Jun-1996 Standard Life, the assurance concern, is planning to sell all or part of its 32.2% stake in the Bank of Scotland, but it is expected to go to investors rather than a potential predator. 14-May-1996 Standard Life, the insurer, is looking into the possibility of selling its 32.5% stake in the Bank of Scotland, which is worth over £900m. 13-May-1996 Bank of Scotland plans to move into the Asia Pacific region using its expanding business in Australia and New Zealand as a base. 25-Apr-1996 Bank of Scotland has bought the Bank of Western Australia for £437m. 21-Sep-1995 The information above comes from the UK Activity Report Copyright UK Business Park 1995-2007