RBS Remedies Fund (money for business accounts)

[Nsteer (Nathan Steer)]

Capability and Innovation Fund

Hey everyone You may have seen in the news this morning that we’d applied for some funding from something called the Capability and Innovation Fund (CIF), but we weren’t successful (Nationwide, Co-op and Investec were awarded £50m, £15m & £15m respectively). CIF was a pool of money set aside to improve competition in business banking following the financial crash in 2008. I just wanted to let you all know that, although we’re disappointed not to have been chosen for the grant, this does…