Royal Bank of Scotland testing new Natwest digital business banking platform September 18, 2018 Royal Bank of Scotland (RBS) has started testing a new business banking platform alongside a separate digital retail bank. The platform, which is being run under the Natwest brand, is in very early-stage tests with a small number of small businesses. The business bank tests are running alongside a separate retail banking offering in development, [...]
Royal Bank of Scotland testing new Natwest digital business banking platform September 18, 2018 Royal Bank of Scotland (RBS) has started testing a new business banking platform alongside a separate digital retail bank. The platform, which is being run under the Natwest brand, is in very early-stage tests with a small number of small businesses. The business bank tests are running alongside a separate retail banking offering in development, [...]
EU’s nuclear power plans needs €500bn investment, says market commissioner January 9, 2022 The European Union’s new generation nuclear power plans will require a €500bn investment by 2050, according to the bloc’s internal market commissioner. The regeneration plan forms part of the bloc’s bid to decarbonise its energy grid, with Thierry Breton urging that the EU’s labelling of nuclear energy as ‘green’ alternatives will be vital for drawing [...]
Bank of England apologises for historic slave links June 19, 2020 The Bank of England has apologised for the involvement of past governors and directors in the slave trade and vowed to remove all statues and paintings of them from its City headquarters. New analysis of a University College London (UCL) database found that 25 previous governors and directors of the Bank of England benefited from [...]
The best UK holiday options 2024 from city breaks to beach staycations February 20, 2024 Whether it's a city break at the Old War Office or a long weekend in the Scottish wilderness, we have the perfect UK holiday options for 2024
NatWest to spend £100bn on climate and sustainable finance October 13, 2021 Banking giant NatWest has announced plans to provide £100bn of climate and sustainable funding by 2025 to support the transition to net zero. Natwest previously announced a target of spending £20bn on climate and sustainable finance between 2020 and 2022 which the bank already exceeded with the early delivery of £21.5bn in the first half [...]
FCA fines Lloyds Banking Group £64m after mistreating mortgage customers in difficulty June 11, 2020 Lloyds Banking Group must pay a £64m fine for failing to treat over a quarter of a million mortgage customers in arrears fairly. Lloyds Bank, the Bank of Scotland and the latter’s subsidiary The Mortgage Business all failed to take struggling customers’ financial circumstances into account when arranging repayments. The banks’ systems and procedures meant [...]
MPs urge government to protect North Sea wind farms from Russian sabotage April 28, 2023 The government must protect renewable energy assets in the North Sea such as wind turbines from Russian sabotage, MPs have warned.
Royal Bank of Scotland closes 54 branches with 258 jobs lost September 5, 2018 Royal Bank of Scotland (RBS) will cut its English and Welsh branch network in half in January with the loss of more than 250 jobs, in the latest move by a major high street lender to cut back their sprawling networks. RBS is closing 54 branches, leaving another 54, including six in London and the [...]
Royal Bank of Scotland name ‘under review’ as bank rebuilds its reputation after financial crisis October 8, 2018 The Royal Bank of Scotland (RBS) is reportedly considering changing its name to distance itself from the financial crisis 10 years ago. The RBS name is under review as part of a rebrand, chairman Sir Howard Davies said yesterday, as the bank claims to have fixed historical problems as it turns its attention to its [...]