Scotland's private sector activity expanded for the fifth consecutive month in May, the strongest pace in two years, according to the Royal Bank of Scotland Business Activity Index. This growth was driven by increased demand for services, which offset a continued downturn in manufacturing.
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RBS-owner NatWest Group has bought back a further £1.24 billion worth of its own shares from HM Treasury. This works out to 392.4 million shares bought back from the government at 316.2p per share, and, combined with HMT’s ongoing trading plan, reduces government ownership in the bank to
Scottish Highlands tour operator, Highland Experience Tours, has secured a £2 million funding boost from Lombard, part of the Royal Bank of Scotland Group.
Government plans to launch an offering of NatWest shares to the general public have been derailed by the imminent general election.
Output for Scotland's private sector grew marginally in April, along with the third consecutive monthly rise in new business, according to the Royal Bank of Scotland Business Activity Index. The seasonally adjusted index, that measures the month-on-month change in the combined output of th
A first-of-its-kind training programme helping displaced Ukrainian women to develop the skills needed to start a career in tech is celebrating its first anniversary with a host of permanent job offers. Royal Bank of Scotland’s Women in Tech pilot – delivered in partnership with Code Firs
Maryhill Housing Association (MHA) has received a funding boost from Royal Bank of Scotland totalling almost £25 million to improve and maintain its current homes, whilst making progress towards net zero goals. This latest deal comes as Royal Bank of Scotland, part of NatWest Group, unveiled a
Royal Bank of Scotland colleagues have launched a new tree nursery at the Gogarburn headquarters in Edinburgh, in partnership with The Conservation Volunteers, whose mission is to connect people to nature and to nurture green spaces for local communities. This tree nursery is part of the ‘NatW
The Royal Bank of Scotland (RBS) has revealed plans to close a further 18 out of its 86 branches, including three in Edinburgh.
Scotland’s private sector witnessed a third consecutive monthly expansion in output during March, according to RBS' Scotland Business Activity Index. The seasonally adjusted index, measuring the month-on-month change in combined manufacturing and service sector output, rose from 52.1 in Februa
Scotland has experienced a continued deterioration in permanent staff placements during March, according to the latest Royal Bank of Scotland Report on Jobs survey. The survey, compiled by S&P Global, shows that while the rate of decline eased from the previous month, the number of people placed
Royal Bank of Scotland, as part of NatWest Group, has unveiled a £5 billion lending package to bolster the social housing sector over the next three years. The ambition, spanning from January 2024 to the end of 2026, aims to support local housing authorities and associations in delivering and
Social housing landlord and care and support provider Trust Housing Association has secured a £10 million loan from Royal Bank of Scotland to provide homes for tenants across the country, from Stornoway to Stranraer. Having recently marked its 50th anniversary, Trust was first established in 1
Recruitment across Scotland experienced further setbacks in February, according to the latest Royal Bank of Scotland Report on Jobs compiled by S&P Global.
The latest Royal Bank of Scotland PMI has revealed a further rise in output across the Scottish private sector midway through the opening quarter. While below the UK-wide average, the headline Scotland Business Activity Index – a seasonally adjusted index that measures the month-on-month chang