Royal Bank of Scotland has today announced a donation-matching programme of up to £5 million for the National Emergencies Trust (NET) coronavirus appeal, aimed at leveraging a further £5m of support from the public. The move will mean that from next Friday, donations to the NET made by R
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Following growing criticism, high street banks have backtracked on loan requirements which insisted that business owners provide personal guarantees for government-backed loans.
Sir John Vickers, former chairman of the Independent Commission on Banking, has called upon the Bank of England to block more than £7.5 billion of dividends to be paid out by banks. The call, adds to the mounting pressure on the bank's governor, Andrew Bailey, to force banks to scrap payout pl
The Royal Bank of Scotland has converted its Edinburgh headquarters in Gogarburn into a distribution centre to supply food and hygiene products to the Trussell Trust food banks and Social Bite. The Scotsman and Royal Bank of Scotland are issuing a call for businesses to donate any non-perishable foo
The Royal Bank of Scotland issued a letter to MPs yesterday outlining its support for customers during the current COVID-19 lockdown. The measures include fee-free loans and overdrafts. Alongside its £500 million working capital support fund, RBS said that it has launched emergency fee-free lo
Russell & Russell becomes first Scottish accountancy firm to graduate from RBS Accelerator programme
Glasgow-based Russell & Russell has become the first accountancy and business advisory firm in Scotland to graduate from the Royal Bank of Scotland’s Accelerator programme for entrepreneurs. Managing director Stuart Clark and director Rosslyn McMaster joined their local Accelerator hub las
The Royal Bank of Scotland has announced that Yasmin Jetha will be appointed as a non-executive director at the group on 1st April 2020 as Alison Davis steps down at the end of March. Ms Jetha will succeed Ms Davis as chairman of the technology and innovation centre and will also become a member of
The Royal Bank of Scotland has received criticism for failing to provide a concrete date for the implementation of Confirmation of Payee (COP) technology, which is designed to prevent one of the most common types of fraud.
Abbiecraig Services in Freuchie, Fife, has enjoyed a successful first six months in business following its refurbishment, which was enabled by a £1.2 million funding package from Royal Bank of Scotland. Husband and wife team, Elaine and Steve Cunningham, used the funding to demolish an existin
Howard Brown, famous for being the face of the Halifax, is switching to the Royal Bank of Scotland as part of a £175 switcher offer. Mr Brown was photographed at the bank’s St. Andrew Square branch in Edinburgh and also at the Gordon St. branch in Glasgow, where he posed for selfies with
Royal Bank of Scotland has said it will defer mortgage and loan repayments for a period of three months, for customers who have been affected by the Coronavirus outbreak.
As the impact of the Coronavirus outbreak begins to directly impact more businesses, Royal Bank of Scotland has outlined the initial support it will provide to SMEs across Scotland, including a £350m Working Capital Support extension to its successful Growth Funding Package, ongoing support an
The Scottish private sector economy approached stagnation in February, growing only fractionally, according to the latest Royal Bank of Scotland Purchasing Managers' Index (PMI). At the sector level, a mild decline in services activity almost offset renewed growth in manufacturing production. M
Royal Bank of Scotland has supported BauMont Real Estate Capital’s acquisition of Hermiston Gait Retail Park in Edinburgh, a prime retail park comprising 306,000 sq ft of space anchored by Tesco and B&Q. It is strategically located to the west of the city and benefits from excellent t
Permanent staff appointments declined for the first time since last October in February, amid reports of candidate shortages and muted demand for staff, according to the latest Royal Bank of Scotland Report on Jobs. The report has also revealed that temp billings fell and at the quickest rate s

