RBS sets aside £800m to pay for bad loans as profit falls almost 50%

RBS sets aside £800m to pay for bad loans as profit is dragged down almost 50% in the coronavirus slump By Lucy White For The Daily Mail Published: 21:51 BST, 1 May 2020 | Updated: 21:51 BST, 1 May 2020 Royal Bank of Scotland has set aside £802million to prepare for the coronavirus slump – … Read more

NHS engineer refused £250,000 lifeline from taxpayer-backed RBS

NHS engineer refused £250,000 lifeline from taxpayer-backed RBS: Crisis-hit firm makes vital kit for hospital beds By James Salmon for the Daily Mail Published: 21:50 BST, 9 April 2020 | Updated: 22:03 BST, 9 April 2020 Struggling: Tufnol boss Roy Thomason was turned down for an emergency loan An engineering company which makes vital components … Read more

Top bankers FINALLY take a pay cut (but not at Lloyds, HSBC or RBS) 

Top bankers FINALLY take a pay cut in the face of coronavirus (but not at Lloyds, HSBC or taxpayer-backed RBS) By Lucy White For The Daily Mail Published: 22:57 BST, 7 April 2020 | Updated: 23:13 BST, 7 April 2020 Bosses  of Britain’s biggest banks have begun to cave in to pressure to cut their … Read more

ASK TONY: We waited two weeks for Morrisons order, then RBS blocked it

My wife and I received a message from our bank saying there had been an ‘unusual’ request for payment on our account and it had declined to pay it.  The payment was to Morrisons for a home delivery which we had waited for more than two weeks to receive.  Presumably Morrisons put our items back … Read more

Privatisation of RBS postponed for yet another year

Privatisation of RBS postponed for yet another year: Treasury still owns 62% of the banking giant By Lucy White For The Daily Mail Published: 22:02 BST, 11 March 2020 | Updated: 22:29 BST, 11 March 2020 The privatisation of Royal Bank of Scotland has been postponed for yet another year. The Treasury still owns 62 … Read more