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The Latest Breaking News from NatWest

Chancellor Jeremy Hunt's Budget balancing act moves into the City's spotlight

Square Mile on watch for London stock exchange boost from new tax breaks for savers and experts say don't write off 2p income tax cut

Evening Standard

What did we learn about our banks this week?

City Voices: UK bank shares have been stock market laggards for years

Evening Standard

‘I’m still proud of what we created’: Metro Bank’s 14-year rollercoaster ride

From its lavish launch parties to a 2019 accounting scandal, the UK challenger bank has been beset by controversy

The Guardian - UK

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UK Bank NatWest Shakes Off CEO Turmoil As Profits Jump

British bank NatWest on Friday said net profit jumped nearly a third in 2023 on higher interest rates, adding that Paul Thwaite would become permanent chief executive following boardroom turmoil.

International Business Times

Don’t 'Tell Sid' to buy NatWest shares — Give us them for free

City Comment: If big investors don’t fancy NatWest shares at the current price, why should we?

Evening Standard

FTSE 100 Live 16 February: Best day of year as index closes up 1.5%, US inflation setback

The new boss of NatWest today unveiled a £6.2 billion profits haul as the lender prepares for a major sale of its shares back to the public.

Evening Standard

NatWest reports biggest annual profit since 2007 financial crisis

Pre-tax figure of £6.2bn comes as bank confirms Paul Thwaite will take over permanently as chief executive

The Guardian - UK

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NatWest profits boom sets up government stake share sale

NatWest set itself up for a major sale of its shares back to the public today with a 20% leap in annual profits to £6.2 billion.

Evening Standard

UK retail sales rebound after Christmas slump; company insolvencies rise – as it happened

Rolling coverage of the latest economic and financial news, as retail sales in Great Britain rebound by 3.4% in January

The Guardian - UK

Love is in the air — but not for British banks

City Comment: Banks are in for record profits, but their shares are nowhere near their 2007 highs

Evening Standard

Britain's 'big five' banks prepare to deliver record-breaking total profits

Bank shares languish well below pre financial crisis levels despite the profits revival

Evening Standard

Nigel Farage lobbied senior Tory minister over NatWest complaint

Emily Thornberry accuses Farage and Andrew Griffith of ‘secretly conspiring’ over de-banking issue

The Guardian - UK

Bank boss sparks fury after saying it’s ‘not that difficult’ to buy a home in cost-of-living crisis hit U.K.

Critics called NatWest chair Davies's comment a “staggering demonstration of the disconnect between bankers and reality in this country.”

Fortune

For the record

Dulwich College International | BBC TV drama | Alasdair Gray/Agnes Owens | Bakewell

The Guardian - UK

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The Independent UK

Jeremy Hunt says buying first home a ‘real struggle’ after ‘not that difficult’ claim by NatWest chair

Chancellor also describes ‘lots’ of taxes as ‘pernicious’ as he again hints at more tax cuts to come in his Budget

Evening Standard

Mortgage price falls: how first-time buyers and re-mortgagers can take advantage of lower rates

With house prices bottoming out and banks competing for fixed-rate mortgages, now could be the time to get on the property ladder or secure a better deal on your existing loan.

The Independent UK

Interest rate cuts will soften mortgage blow by £11bn – but Brits still face £19bn rise

Goldman Sachs says faster-than-expected fall in borrowing costs will ease the pain for millions

The Guardian - UK

Not that difficult to buy a home in UK, claims NatWest chair

Howard Davies criticised as being ‘out of touch’ with number of first-time buyers at lowest level in a decade

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Evening Standard

NatWest chief backtracks after sparking disbelief by saying 'not that difficult’ to get on property ladder

Lib Dem Treasury spokesperson Sarah Olney MP said: "This is laughable. What planet is he living on?"

The National (Scotland)

NatWest chairman claims it is 'not difficult' to buy a house in the UK

THE chairman of Natwest who earns well over £700,000 a year has claimed it is “not difficult” to buy a house in the UK.

The Independent UK

Mortgages – live: Price war to hit banks as rates fall below 4%

House prices rose by 1.7 per cent in 2023, index finds, as NatWest boss claims it’s not ‘that difficult’ to get onto housing ladder

The Independent UK

‘Not that difficult’ to get on property ladder, NatWest chief claims

Sir Howard Davies explained that prospective buyers have to save, ‘the way it always used to be’.

The Independent UK

It’s not that difficult to buy a house in Britain, NatWest boss claims

Sir Howard Davies said people ‘will have to save more’ but that ‘I don’t think it is that difficult at the moment’

The Guardian - UK

Footsie turns 40: FTSE 100’s rise, rise and stagnation over four decades

The index grabbed attention from the start, but shows its age as 21st-century tech stocks go elsewhere

The Guardian - UK

A Farage farrago, crypto crime and rivers of cash: the 2023 Observer business awards

Bank boss Alison Rose, Binance’s Changpeng Zhao, Sarah Bentley of Thames Water and OpenAI’s Sam Altman feature highly on this year’s prestigious honours list

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