The Competition and Markets Authority (CMA) has taken action against Royal Bank of Scotland-owner NatWest for breaking parts 2 and 10 of the Retail Banking Order 2017. The CMA wrote a letter to the banking giant, which has agreed to take action to put things in order for customers.
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Scotland’s private sector economy remained in expansion territory for the sixteenth month running during June, according to the latest Royal Bank of Scotland PMI data, but growth momentum eased for the second straight month. The seasonally adjusted headline Royal Bank of Scotland Business Acti
The latest upturn in permanent staff appointments throughout June was the softest in 16 months, according to the latest Royal Bank of Scotland Report on Jobs survey.
NatWest has announced the launch of a new platform to assist UK businesses in managing fuel and running costs to promote greener growth. NatWest surveyed 250 businesses in May this year and found that more than 72% of businesses expect their business will face increased difficulty in light
The UK Government’s trading plan to sell part of its shareholding in Royal Bank of Scotland owner NatWest has been extended for another 12 months. A trading plan involves selling shares in the market through an appointed broker in an orderly way at market prices over the duration of the plan.
The Royal Bank of Scotland has announced a package of support for farmers in an effort to help the sector deal with rising costs. The bank, which is owned by NatWest, will offer capital repayment holidays to farmers, as well as increases to overdrafts.
The latest Royal Bank of Scotland PMI data indicated a softer expansion of private sector output across Scotland in May, with the seasonally adjusted headline Royal Bank of Scotland Business Activity Index falling from 58.9 in April to a three-month low of 55.9 in May. Slower increases in output wer
Royal Bank of Scotland reports hiring activity has slowed notably amid steep decline in staff availability. May data signalled a further increase in recruitment activity across Scotland, according to the latest Royal Bank of Scotland report on jobs survey. However, the rate of expansion slowed notic
The start of the second quarter saw a further marked increase in hiring activity across Scotland, according to the latest Royal Bank of Scotland Report on Jobs survey. That said, the seasonally adjusted Permanent Placements Index slid from 71.7 in March to 65.0 in April, to signal the softest increa
Business activity improved for the fourteenth consecutive month in April, according to the latest Royal Bank of Scotland PMI, as the seasonally adjusted headline Royal Bank of Scotland Business Activity Index rose to 58.9 in April, up from 58.4 in March and indicating a faster increase in private se
NatWest Group has posted its first-quarter results, revealing operating profits before tax of £1.24 billion, compared to the £885m reported in the first quarter of 2021. The bank also announced a £38m impairment release, compared to a £98 release in the same period of 2021.
Ryrie’s, one of Edinburgh’s oldest pubs, is going from strength to strength following restoration by new owners, thanks to a funding deal worth £1.6 million from Royal Bank of Scotland. Ryrie’s, originally built in the 1800s as a fuelling station for horse and carts, has had
The Royal Bank of Scotland has announced a three-year partnership with The University of Edinburgh Centre for Business, Climate Change and Sustainability. The £1.5 million partnership will facilitate the delivery of a climate education programme to more than 16,000 people across the busin
Recruiters across Scotland saw another robust uplift in hiring activity in March, according to the latest Royal Bank of Scotland Report on Jobs survey. Panellists noted steep and accelerated increases in both permanent placements and temp billings amid reports of greater market confidence and increa
Aberdeen renewable marine and subsea equipment firm, W3G Marine, has introduced a new cost-saving and highly effective tool for the offshore energy market, after securing a £450,000 funding deal with Royal Bank of Scotland. With funding of £450,000, W3G Marine has successfully commercial