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Research from the Royal Bank of Scotland's Tyl service has signalled that Scotland's business recovery after the COVID-19 pandemic will be powered by contactless payments.

Private sector activity in Scotland continued to decline significantly during June as firms reported a further drop in new orders throughout June, according to the latest Royal Bank of Scotland PMI. Private sector firms in Scotland reported a further reduction in total new orders during June, extend

Hiring activity across Scotland continued to decline during June, with both permanent staff appointments and temporary billings falling amid reports of further delays to hiring decisions, according to the Royal Bank of Scotland's latest report on jobs. The report found that although rates of contrac

Cunninghame Housing Association has agreed a £15 million funding programme with Royal Bank of Scotland to create a new social housing programme for Ayrshire and the Borders. The £15m long-term facility, which builds upon an existing relationship with the bank, will fund 236 new homes acr

The Royal Bank of Scotland has announced the launch of Tyl, a new, innovative payments service designed to make it easier for small business customers across the country to receive payments and manage cash flow during the coronavirus pandemic and beyond.

Women’s Enterprise Scotland (WES), with support from the Royal Bank of Scotland, has launched a new digital platform designed to support women at the pre-start-up and start-up stage of their business journey. Supported by RBS Back Her Business, the digital Women’s Business Centre, which

Hawick-based Chrysties Furnishing Centre as reopened in the month of its 30th birthday following a £200,000 Coronavirus funding package from Royal Bank of Scotland. Chrysties has been a much-loved family firm in Hawick for the past three decades. The coronavirus lockdown measures forced the fa

The Royal Bank of Scotland is launching a new apprenticeship programme at its digital and innovation unit for 16 to 24-year-olds. The Scottish posts, which will be based in Edinburgh, are aimed at young people from disadvantaged or under-represented backgrounds who are looking to develop their digit

A scheme aimed at encouraging SMEs to switch from Royal Bank of Scotland to other lenders has been extended to help struggling firms during the coronavirus pandemic. The deadline for the Incentivised Switching Scheme (ISS) has been extended to the end of February 2021, whilst a further 200,000

Royal Bank of Scotland is hosting a Q&A webinar with business experts to help Scottish SMEs prepare for the easing of lockdown restrictions and the challenges coronavirus has created. The free event, the second in its From Resilience to Recovery series, will see digital experts and sustainabilit

Staff at the Royal Bank of Scotland are being offered the opportunity to take part in specialist training and support sessions as part of the bank's partnership with carers’ charity VOCAL. Recognising the need to support staff who may be caring for family and loved ones during lockdown, t

Scottish builders’ merchant St Andrews Timber & Building Supplies Group, has received a substantial CBILS funding package from Royal Bank of Scotland to help support the business during the coronavirus pandemic. With five sites based in Edinburgh and one in Paisley, the company is one

Edinburgh craft beer subscription firm Beer52 has succeeded in meeting an exceptional increase in demand thanks to funding support from Royal Bank of Scotland. During lockdown, an unprecedented surge in customer demand resulted in a landmark 200,000 subscribers for the firm. The company has since do

Scottish tour company Highland Experience has secured a six-figure sum in CBILS support from Royal Bank of Scotland to help cope with a downturn caused by the coronavirus pandemic. Highland Experience, which was established in 2003, offers award-winning guided tours across the Scottish Highland

The new Royal Bank of Scotland UK Small Business PMI survey has identified a clear improvement in the business environment since April, with the downturn in private sector output moderating from the record drop at the peak of the coronavirus outbreak.