Tag: RBS

Rural Areas Suffered Most from Bank Branch Closures

Rural Areas Suffered Most from Bank Branch Closures
Posted on 13 May, 2016 by Chris Grigorovsky under Business News, Economy

Figures found by the BBC have revealed that over 600 bank branches across Britain in the past year have seen closures, with rural areas being the most affected. It was found that parts of Scotland, Wales and South West England, between April 2015 and... Read More

RBS sells Leeds Retail Development Site to Lidl

Posted on 24 September, 2015 by Chris Grigorovsky under Commercial Developments, Commercial Sales and Lets

After receiving planning permission for a nine unit retail scheme in Town Street Stanningley, Leeds, RBS has sold the site to expanding supermarket brand Lidl. The 4.8 acre brownfield site will see the construction of a 21,300 sq ft discount food store,... Read More

New Hall Hey Retail Park placed on the Market by RBS

Posted on 20 September, 2015 by Kirsten Kennedy under Commercial Developments, Commercial Sales and Lets

Thanks to the widespread economic recovery and ensuing demand for space by retailers, many destinations which saw vacancy rates skyrocket during the recession are now enjoying a return to prosperity which has allowed owners to achieve strong sales prices.... Read More

First Minister welcomes launch of RBS Business Incubator

Posted on 5 March, 2015 by Cliff Goodwin under Business News

The First Minister has welcomed the launch of a state-of-the-art “hatchery” at the Royal Bank of Scotland’s Edinburgh headquarters. The state-backed lender has announced it is converting the executive wing of its Gogarburn building, west of the... Read More

RBS takes £3.5bn hit in Property Loans Sale

Posted on 2 January, 2015 by Cliff Goodwin under Commercial Sales and Lets

Increasing its exposure to the UK and Irish markets, the American private equity giant Cerberus has agreed to pay £2.3bn for two portfolios of distressed property loans. The Royal Bank of Scotland (RBS), and its Ulster Bank subsidiary, is reported to have... Read More

Bank Staff asked to “fix up” Dilapidated Branches

Posted on 5 December, 2014 by Cliff Goodwin under Business News

Concerns have been raised over claims that staff employed in one of Britain's biggest banks are being be asked to redecorate dilapidated branches — in their own time. The head office suggestion that staff help out with "painting, tidying up and... Read More

RBS and NatWest introduce Business Accelerator Hubs

Posted on 30 September, 2014 by Kirsten Kennedy under Business News

In the aftermath of the recession, high street banks were widely criticised for failing to provide adequate levels of financing to SMEs, causing many to look elsewhere for business loans. However, under a new initiative launched by RBS and NatWest, start-ups... Read More

RBS plans London move in event of a Yes Vote

Posted on 11 September, 2014 by Kirsten Kennedy under Business News

Following yesterday’s news that investors in Scottish commercial property are being offered a get out clause on pre-referendum acquisitions, the question of whether or not Scotland will become an independent country is already having an impact upon... Read More

Virgin Money Unlikely to Pick Up RBS Branches

Posted on 29 October, 2012 by Kirsten Kennedy under Business News

Banking chain RBS has not had an easy run during the recession. Trust in the banking system, already damaged by the country’s descent into economic instability, plummeted after the Libor scandal, with the major high street chains suffering... Read More

Nationwide Linked to RBS Branch Takeover

Posted on 27 October, 2012 by MOVEHUT under Business News

Nationwide Building Society is considering making an offer for the 316 branches that Royal Bank of Scotland was due to sell to Santander. According to the Sunday Times, the mutual is looking at an offer as speculation mounts over which companies will... Read More