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The Latest Breaking News from NatWest

Three Scottish Barclays stores to close as 110 UK branches shut this year

Barclays Bank has announced it will be shutting a further 15 stores in 2023, taking its total number of closures for the year to 110.

The National (Scotland)

Growth of new business and activity extended into a third month - report

Input cost inflation softened in April but demand resilience facilitated a sharper increase in output charges, says latest NatWest PMI report

Birmingham Post

Welsh private ouput continues to expand but rate slows shows NatWest research

The bank has published its NatWest Wales Business Activity Index for April

Birmingham Post

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Welsh private sector output continues to expand show latest NatWest research

The bank has released its Wales Business Activity Index for April

Birmingham Post

Uptick in job creation helps fuel 'renewed vigour' North West's economy

NatWest has published its latest UK Regional PMI survey

Birmingham Post

Stronger business expansion in April but region's growth lags behind much of UK

Latest analysis from NatWest points to third consecutive month of increased activity in manufacturing and services

Birmingham Post

South West business activity highest in almost a year, NatWest study finds

A survey of bosses across the region suggested input cost pressures were continuing to ease on firms

Birmingham Post

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New bank hub to open in Greater Manchester area which is set to lose its last branch

NatWest’s decision to shut its Heald Green branch meant people living in the Cheadle area were to be left without any face-to-face banking services from July.

Manchester Evening News

Labour criticised for giving global banks access to parliament

Exclusive: HSBC and NatWest staffers seconded to shadow business secretary Jonathan Reynolds’s team

The Guardian - UK

£40m expected to be spent by Eurovision fans as over 100,000 visitors to flock to city

More than 100,000 visitors are expected to enjoy the week-long celebrations later this month.

Liverpool Echo

Eurovision fans predicted to spend £40m in Liverpool

NatWest estimates that overseas visitors are likely to spend in the region of £28 million, while visitors from the UK will spend around £12 million.

The Independent UK

NatWest first-quarter profits jump by 50% after interest rate rises

Banking group says some customers have had to dip into savings because of rising prices

The Guardian - UK

Rise in mortage lending lifts NatWest profits

Shares fall as publically owned lender leaves annual profit guidance on hold

Evening Standard

NatWest sees profit surge 50% on last year and beat predictions

Lender has not seen a rise in customers falling into arrears despite cost of living crisis

Birmingham Post

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The Guardian - UK

EU economy returns to growth despite surprise German stagnation – as it happened

Live coverage of business, economics and financial news as eurozone economy grows by 0.1% in first quarter after Amazon earnings beat expectations

Insider UK

NatWest profit surge beats expectations

Operating profits before tax came in 50% higher than the figure recorded this time last year

Evening Standard

FTSE 100 Live: FTSE rallies to close at 7870; First Republic shares plunge to new lows amid receivership fears

Huge profits by two of the UK’s biggest companies ensured a lively post-holiday session for traders today.

Daily Mirror

Nationwide, Barclays, HSBC, Santander: Best and worst banks based on switches this year

The latest current account switch data is in from Pay.UK - but where are people switching to, and which banks are being ditched? See the full list below and tell us what you think

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Evening Standard

My leasehold papers are incomplete and I need indemnity insurance for a new mortgage. What does this involve?

Taeya Maj bought her property in 2012, and her fixed-rate mortgage expired in November last year. She has been told that her leasehold documents are incomplete and advised to buy indemnity insurance.

The Independent UK

73% surge in current account switching numbers in first three months of 2023

Some 341,075 switches took place between January and March 2023, figures from the Current Account Switch Service show.

The Guardian - UK

Allowing Silicon Valley Bank UK to fail would have caused domino effect, FCA suggests

Regulator’s chief executive, Nikhil Rathi, outlines to MPs what led to HSBC’s takeover of the bank for just £1

The Guardian - UK

Revolut bank’s valuation stretches credulity despite $15bn slump

It is hard to see how hopes of future growth justify the challenger bank being worth $18bn – not least as it made only £26m in 2021

Liverpool Echo

Council addresses rumours over former NatWest building in town centre

There were suggestions it could be turned into living accommodation

The Guardian - UK

Banks line up to reassure investors as season of turbulence subsides

First-quarter results for the UK’s big four will vary by exposure to volatile markets, but the boost from high interest rates won’t last

The Guardian - UK

CBI to suspend operations until June after exodus of top UK businesses

Companies from John Lewis to NatWest quit membership body after Guardian revelations over alleged sexual misconduct

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