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The Latest Breaking News from NatWest

NatWest shares plunge after bank downgrades profit outlook

Competition for savers’ cash is putting pressure on its finances, says group

The Guardian - UK

Probe finds 'serious failings' in way British politician Nigel Farage had his bank account closed

An independent probe has found “serious failings” in how NatWest Group’s private and exclusive Coutts Bank shut down the account of the right-wing British politician Nigel Farage

The Independent UK

Khan joins Labour voices calling for Israel-Hamas ceasefire as pressure grows on Starmer – as it happened

Mayor of London Sadiq Khan says ceasefire will help prevent ‘devastating loss of life’

The Guardian - UK

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Read the full NatWest report on ‘failings’ in handling of Nigel Farage account row

The report included aspects that City watchdog the FCA described as “potential regulatory breaches”

Evening Standard

Bank of Russia raises interest rates to 15% to fight inflation; US consumer confidence dips – as it happened

Russian central bank says current inflationary pressures have significantly increased to a level above its expectations

The Guardian - UK

NatWest admits serious failings over Nigel Farage’s bank account closure

But decision to shut down Mr Farage’s bank account was lawful, an independent review finds

The Independent UK

City watchdog: NatWest may have breached rules in Farage account controversy

The bank published a report today showing "serious failings"

Evening Standard

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NatWest decision to close Nigel Farage’s bank accounts was lawful, says report

Investigation for bank finds however that there were ‘serious failings’ in handling of Coutts move and treatment of ex-Ukip leader

The Guardian - UK

Nigel Farage’s data rights infringed by Natwest chief, watchdog rules

Farage calls on bank to cut severance pay to ex-bank boss – accusing her of overseeing a ‘woke’ culture

The Independent UK

Ex-NatWest chief infringed on Nigel Farage’s data protection rights, watchdog rules

The former chief executive of NatWest infringed on Nigel Farage’s data protection rights when she talked to a journalist about his relationship with Coutts bank, Britain’s information watchdog has ruled.

Evening Standard

Ex-NatWest chief breached Nigel Farage’s privacy, watchdog rules

ICO will not take further action over Alison Rose speaking to BBC journalist about planned closure of Farage’s accounts

The Guardian - UK

Nigel Farage branded ‘sketchy crackpot’ in secret NatWest emails disclosed after de-banking scandal

The sniggering remarks handed over to the former Ukip leaders shone light on conversations among staff members who joked he had been “debanked” by Coutts

The Independent UK

How can NatWest lose my Dad’s £10,000 Isa cash?

It was due to be transferred but never went through. So where’s the money now?

The Guardian - UK

Mortgage debts and bust firms put UK banks’ profits under pressure

With the big lenders reporting their results this week, investors are trying to stay optimistic and hoping there will be no more crises

The Guardian - UK

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The Independent UK

74% of people have been targeted by scams in the past year – survey

Nearly a fifth of people have replied to a message from impersonator, initially believing it was from a friend of family member, NatWest said.

The Conversation

Bank CEOs set the tone from the top when it comes to risky behaviour — new research

Metro Bank positioned itself as “a fresh start to banking” when it launched in the wake of the 2008 global financial crisis. It was set up in 2010 as a challenger to the “big five” banks dominating the UK market post-crisis: HSBC, NatWest, Lloyds, Barclays and Santander.

The Independent UK

NatWest initiative could save hassle for some shoppers at online checkouts

Customers with a NatWest, Royal Bank of Scotland or Ulster Bank Mastercard have been registered for the Click to Pay service.

The Guardian - UK

Metro Bank agrees rescue deal with investors

Lender secures £325m capital from new and existing shareholders and £600m of debt refinancing

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news in one place.

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The Independent UK

Six high-street banks given ‘red’ warning over eco policies, Which? reveals

JP Morgan Chase, Santander, Barclays, HSBC, NatWest Group and Lloyds Banking Group were criticised by the consumer champion.

The Guardian - UK

Banking regulator Sam Woods: ‘This is the most intense period since the 2008 financial crisis’

In an exclusive interview, the head of the Prudential Regulation Authority talks about Credit Suisse, the gilt market meltdown – and stress-testing banks for the climate crisis

The Guardian - UK

UK lenders expected to make further mortgage rate cuts next week

Mounting optimism that home-loan costs have peaked after Bank of England keeps interest rates on hold

The Independent UK

Relief for homeowners and buyers as lenders cut mortgage rates

After the Bank of England brought an end to a devastating series of interest rate hikes, lenders including NatWest, TSB, Nationwide and Virgin Money have cut mortgage rates

The Guardian - UK

UK recession risk mounts as business falters; mortgage lenders cut rates – as it happened

Business activity shrinks at fastest pace since financial crisis excluding Covid months; some fixed five-year mortgage rates dip below 5%

The Independent UK

Nationwide Building Society launches 8% savings rate and £200 switching offer

According to financial information website Moneyfacts, the last time a cash regular savings account was offering a rate of 8% was in 2013.

The Independent UK

NatWest says issue with cash machines resolved after customers report missing deposits

Bank says cash payments to small number of accounts were delayed

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