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.
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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
Royal Bank of Scotland-owner NatWest Group has announced a £1.2 billion directed buyback of 550 million shares from HM Treasury. The banking giant has agreed with the Treasury to make an off-market purchase of 549,851,147 ordinary shares in the company with a nominal value of £1 each at
Royal Bank of Scotland owner NatWest Group has informed its shareholders they will have the opportunity to have a Say on Climate at its AGM next month through the bank’s first climate resolution. The bank is asking its shareholders to give their support to its strategic direction on climate ch
Scottish private sector output rose at an accelerated pace in February, according to the latest Royal Bank of Scotland PMI. The seasonally adjusted headline Royal Bank of Scotland Business Activity Index - a measure of combined manufacturing and service sector output - rose to 55.5 in February, from
The latest Royal Bank of Scotland Report on Jobs survey highlighted a strong uplift in hiring activity across Scotland in February. Permanent placements rose at a near-record pace, while the upturn in temp billings accelerated from January's 17-month low and was sharp overall.