Royal Bank of Scotland boss: Hubs will help us rebuild reputation

Focus: Royal Bank of Scotland's Gordon Merrylees

Gordon Merrylees, RBS’s new head of entrepreneurship

NatWest’s first regional business accelerator hub will be opened by chief executive Ross McEwan tomorrow, just days after the bank announced it would close at least 99 branches this year and weeks after it admitted misselling Enterprise Finance Guarantee business loans.

Cynics might argue that accelerator and incubator hubs – created by big businesses to provide space, targeted support and sometimes investment for small firms – are little more than public relations exercises for corporations. But Gordon Merrylees, RBS’s new head of entrepreneurship, told The Mail on Sunday: ‘People say, “Is it just kind of nice to do?

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