£775m RBS bank fund: What do UK SMEs need to know?
Niels Turfboer, managing director of Spotcap UK, discusses the RBS Alternative Remedies Package – a key initiative aimed at providing more choice and better financial services to UK SMEs. more»
RBS
Are you entitled to RBS compensation? Here’s how to get your money back
Despite only 1,230 complaints having been lodged from an estimated 16,000 eligible businesses and just £10 million paid in compensation from a £400 million fund, RBS has just announced that a deadline of 22 October 2018 has been set for new complaints. What does this mean for your business? more»
Latest RBS closures could damage local high street footfall and revenues
Britain’s small high street businesses will see revenues and footfall hit from a fresh wave of Royal Bank of Scotland branch closures, according to the Federation of Small Businesses. more»
New open banking measures help business owners switch accounts and access finance
The changes, part of the open banking package of reforms led by the Competition and Markets Authority, have been designed to make banking more competitive and create better access to finance for small business owners. more»
Treasury and BEIS committees launch separate small business inquiries
The two inquiries will question whether enough is being done to protect smaller UK firms from the unfair treatment of larger companies and banks. more»
Small businesses demand truth from RBS investigation
As the Royal Bank of Scotland admits its turnaround division failed small business customers, the Federation of Small Businesses has called for full publication of the investigation. more»
Banks pledge emergency support measures for Carillion sub-contractors
Britain's banking sector has laid out emergency support measures for Carillion sub-contractors in the wake of the construction giant's insolvency. more»
RBS staff were offered bonuses to exploit small firms, according to leaked report
A report leaked to the press has suggested Royal Bank of Scotland staff were pressured to mislead small business owners inside its turnaround division, and were offered financial incentives to deliver misinformation. more»
Small businesses sound alarm over latest wave of RBS bank branch closures
Fresh bank branch closures announced by Royal Bank of Scotland risk wiping out access to vital one-to-one financial support for Britain's small firms, the Federation of Small Businesses has warned. more»
City watchdog warns RBS to expect enforced action amid second investigation
The financial regulator investigating claims that the Royal Bank of Scotland deliberately pushed small companies into disrepair has confirmed that a second inquiry has begun that could lead to stronger action against the bank. more»
