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Government could sell stake in RBS worth £3billion this week
THE Government could sell a ten per cent stake in the Royal Bank of Scotland this week.It still holds 71 per cent of the bank after a bailout during the financial crisis.Alamy The Government is...
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How to get up to £200 by switching banks – but you’ll have to hurry
A number of banks are offering up to £200 to entice new customers – but you’ll have to be quick to take advantage of the best deals.For many Brits, short-term perks like cash incentives and vouchers...
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RBS suggests it could move billions out of Britain over hard Brexit fears –...
RBS has suggested it could move billions of pounds out of Britain due to fears over a hard Brexit – despite the bank still being mainly taxpayer-owned.Chief executive Ross McEwan sparked anger after...
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RBS to close a further 54 bank branches with hundreds of jobs axed
ROYAL Bank of Scotland (RBS) has announced plans to close another 54 branches, leaving a further 258 workers without a job.It’s the second round of closures to be announced by the bank this year,...
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Ex-RBS chief Fred Goodwin sparks outrage after ‘pocketing £17m pension pot’...
FORMER Royal Bank of Scotland boss Fred Goodwin has sparked outrage after it emerged he pockets a pension pot “worth £17million”.The disgraced chief executive – dubbed Fred the Shred – was widely...
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Which RBS bank branches are closing, how many jobs will be lost and why are...
RBS is set to shut a total of 216 branches in a bid to cut costs as more customers move online and away from face-to-face banking – leaving hundreds without jobs.Here’s the latest on the closures and a...
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When was RBS bailed out, what stake does the government own and why are they...
THE government has said it plans to sell a 7.7 per cent stake in the Royal Bank of Scotland, equivalent of 925million shares.The sale is expected to raise £2.6billion. Here’s the details.The government...
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Barclays to allow millions of customers to switch off spending at shops to...
CUSTOMERS of Barclays will be able to turn off spending at certain types of retailers from today.The service has been launched in a bid to help vulnerable users, such as those with mental health and...
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NatWest and RBS customers targeted by scammers after spike in number of...
NATWEST and RBS customers are being warned about scammers after Which? found users are being targeted by fraudsters trying to steal cash.Of the 42 fraud victims who rang the consumer group’s helpline...
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RBS will pay you £150 to switch current accounts – but is it the best deal?
MORE and more banks are offering rewards to lure Brits to switch current accounts, and now RBS is offering new and existing customers £150 in cash.This is the joint-highest upfront bonus together with...
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Banks to pay victims of fraud after £145m was lost in ‘push payment’ scams in...
BANKS have agreed measures to refund victims of sophisticated fraud, it has been revealed.Officials had previously refused to pay compensation if neither they nor the customer were to blame.Banks —...
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Packaged bank accounts offer ‘limited’ insurance cover and only £16 a year...
THE worst packaged bank accounts for offering poor savings and limited insurance cover have been named and shamed in a damning new report.Consumer champion Which? has rated and slated 13 accounts by...
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NatWest and RBS to scrap cashback on bills for 1.7million customers next year
NATWEST and sister bank Royal Bank of Scotland are scrapping cashback on bills for roughly 1.7million customers next year.Reward account customers currently earn 2 per cent cashback on household bills...
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RBS and NatWest to hike overdraft fees up to 40% from 20%
ROYAL Bank of Scotland and sister bank NatWest are hiking overdraft fees up to 39.49 per cent from the end of March.They’re the latest banks to announce rate rises, after HSBC and First Direct revealed...
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RBS Group is changing its name to NatWest – here’s what it means for customers
THE Royal Bank of Scotland (RBS) Group is changing its name to the NatWest Group but the banking giant says there’s no change for customers.Coutts, NatWest, RBS, and Ulster Bank will remain the brands...
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NatWest to help flood victims by pausing mortgage payments and waiving fixed...
NATWEST and RBS are helping flood victims by pausing mortgage payments and scrapping fees for accessing cash in fixed savings accounts early.The banks are also deferring other loan repayments for...
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RBS will pay you £175 to switch bank account – and existing customers can get...
ROYAL Bank of Scotland (RBS) will pay you £175 to switch bank accounts to it – and existing customers can the perk too.The switching incentive is open to customers who make RBS’ basic Select account,...
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RBS to give customers struggling due to coronavirus mortgage and loan payment...
RBS and NatWest have promised up to three-month payment holidays for customers whose finances have taken a hit due to coronavirus.The banking group says mortgage and loan repayments can be deferred by...
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Are banks open today? VE Day May bank holiday opening times
ANYONE wanting to carry out banking during the coronavirus lockdown has been able to do so – but many banks are asking you to go online this bank holiday.As banks are considered to provide an essential...
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RBS to refund £2.2 million to 36,000 customers after failing to warn them...
RBS is to refund £2.2 million to 36,000 customers after it failed to warn them that they’ll face charges for going into their unarranged overdraft. Rules introduced in 2017 requires banks to send...
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