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new drama explores royal bank of scotland's role in financial crash
A new drama titled "Make It Happen," featuring Brian Cox as Adam Smith and Sandy Grierson as Fred Goodwin, will explore the Royal Bank of Scotland's role in the 2008 financial crash. Written by James Graham and directed by Andrew Panton, it marks Cox's return to Scottish stages after a decade. The world premiere will open the Edinburgh International Festival in 2025, following preview performances at Dundee Rep Theatre, with tickets available from March 27.
female leader breaks barriers in scottish agriculture with new banking role
Emma Cowie, who was once told there was "no place for women in agriculture," has taken on a prominent role as the Royal Bank of Scotland's representative for farming in Scotland. This position marks a significant step in her career and highlights the evolving landscape of the agricultural sector.
Royal Bank of Scotland to enhance its accelerator programme offerings
The Royal Bank of Scotland is set to expand its accelerator programme, offering additional benefits to participants. This initiative aims to foster innovation and support emerging businesses in their growth journey. Registration is required to access further details about the programme.
Royal Bank of Scotland Accelerator to support 10000 entrepreneurs by 2025
NatWest Group, through its Royal Bank of Scotland subsidiary, plans to expand its Accelerator program to support 10,000 entrepreneurs by 2025, partnering with up to 10 UK universities. Since its inception in 2015, the program has aided nearly 10,000 businesses, raising over £684m and creating more than 12,000 jobs. The focus will be on high-growth sectors like Technology, Healthcare Tech, Life Sciences, and Fintech to drive economic growth.
eu court upholds fines against banks for colluding in bond markets
The EU's General Court upheld significant fines against UBS, Nomura, and UniCredit for colluding in the government bond markets during the 2008 financial crisis. The banks, along with others, were found to have shared sensitive information to gain an unfair advantage. UBS faces fines exceeding €172 million, while Nomura and UniCredit are fined €125.6 million and €65 million, respectively.
scotland's businesses poised for growth through technology and collaboration
Scotland's businesses are poised for growth, with over half of firms identifying new technologies like AI and automation as key opportunities. Despite economic uncertainties, many are eager to expand their workforce, highlighting the need for supportive local government strategies to foster investment and development. Success stories, such as Lomond Fine Foods, demonstrate the potential for regional economic expansion, emphasizing the importance of collaboration between business, academia, and government.
taxpayer stake in natwest falls below four percent as privatization nears
The taxpayer's stake in NatWest, formerly known as Royal Bank of Scotland, has dipped below 4%, now standing at 3.95% after a recent share sale. This marks a significant reduction from the 84% stake acquired during the 2008 bailout, as the bank moves closer to full privatization. Investment group BlackRock has taken over as the largest shareholder, while plans for a public sale of remaining shares were abandoned following the last general election.
santander cuts branch hours and closes locations amid digital shift
Santander is set to cut opening hours by half at 36 high street branches, reducing operations to three days a week as part of a restructuring plan that includes closing 95 branches and converting 18 to counter-free service desks. The changes, effective from June 30, are attributed to shifting customer behavior and a rise in digital transactions. Customers can still access banking services through Post Office branches, mobile banking services, and new super ATMs being rolled out across the UK.
RBS and STAC collaborate to boost Scotland's deep tech startup ecosystem
Royal Bank of Scotland has partnered with advanced technology accelerator STAC to enhance Scotland's deep tech startup ecosystem. This collaboration aims to provide startups with investment opportunities and market access, leveraging the bank's resources and expertise to support growth and international expansion. STAC, which recently launched the Infinity G accelerator with the University of Glasgow, is focused on positioning Scotland as a leader in deep tech innovation.
bank branch closures accelerate with 18 more shutting in april 2025
Barclays leads UK bank branch closures with 1,236 sites shut, followed by NatWest (904) and Lloyds (821). In April 2025, 18 branches, including those of Halifax and NatWest, will close, contributing to a total of 88 closures in the first quarter. Since 2015, over 6,293 branches have closed, with 282 more planned for 2025, as online banking usage rises.
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