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The Latest Breaking News from NatWest

Pioneers, disruptors, champions and change-makers – successful people at the top of their game

THE ENTREPRENEUR’S JOURNEY

The Independent UK

Kick It Out hopes to appoint Samuel Okafor as new chief executive

Kick It Out wants to appoint Samuel Okafor, a director of the private bank Coutts, as the anti-racism charity’s new chief executive

The Guardian - UK

NatWest to take on most of Sainsbury’s Bank

Deal comes as supermarket seeks to offload businesses in order to focus on core grocery arm

The Guardian - UK

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FTSE 100 Live: Bank of England holds interest rates, shares higher, YouGov plummets, S&P tops 5500

Dealmaking action and the Bank of England interest rates decision provide much of today’s City interest.

Evening Standard

Multi-bank ‘super ATMs’ are being trialled across the UK

They will enable free cash deposits to customers

The Independent UK

Treasury sells another £1.24 billion worth of NatWest shares as election threatens retail sale

The Government bailed out the bank after the Global Financial Crisis, and has been selling down its stake since

Evening Standard

FTSE 100 Live 31 May: EU inflation picks back up, house prices rise, index climbs

GSK shares are today’s major focus after the drugs giant’s defence against Zantac claims suffered a setback in a Delaware court.

Evening Standard

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Is Natwest down? Tech issue sees thousands lose banking access

Natwest has claimed the banking app should now be working as normal

Evening Standard

Lost laws: which legislation will slip through the net before the UK election?

While some bills will be dealt with swiftly in the ‘wash-up’ period in parliament, others could fall by the wayside

The Guardian - UK

‘Free money’ and 10% interest: carrots UK banks are dangling to get you to switch

Better deals are on offer in the battle to tempt new current account customers. But, be warned, there are a few strings attached

The Guardian - UK

The chancellor should ditch the NatWest retail share offer. It’s not needed

The Treasury has been quietly selling off the government’s stake at ever-higher prices on a rising market. Why mess with that?

The Guardian - UK

Anglo American rejects second ‘highly unattractive’ takeover approach from BHP, worth £34bn – as it happened

Rolling coverage of the latest economic and financial news

The Guardian - UK

Capital Group buys more than £110m in NatWest shares after UK government share cut

Leading US investor pours cash into shares after cut helps allay fears of state intervention

The Guardian - UK

Coutts faces new storm as it plans to move £2bn out UK shares

The royal bank claims its ‘home bias’ towards British company shares was an ‘anachronism’ that needed ‘funadamental change’

Evening Standard

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Evening Standard

House prices fall again as mortgage rates spike

Lenders, including in the past few days, NatWest, Santander and Nationwide, have been increasing their mortgage rates

The Guardian - UK

Nationwide stops lending on some flood-risk properties

Banks may follow suit after UK weather-related claims on home insurance reach new high

The Guardian - UK

UK consumers feeling more confident about finances, says NatWest boss

For first time since August 2021 people expect position to be better in a year, Paul Thwaite adds

The Guardian - UK

Leading UK lenders raise fixed-rate mortgage deals amid ‘market uncertainty’

Borrowers urged not to panic as banks including Barclays, NatWest and HSBC readjust cost of loans

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The Guardian - UK

NatWest criticised over £1.2m pay for boss with ‘limited experience’

Governance adviser says Paul Thwaite could have been offered lower starting salary than predecessor Alison Rose

Evening Standard

Banker bonus gap widens as men awarded more variable pay than women at top financial firms

Median bonuses widened between men and women in 11 out of 18 banks in the UK

The Guardian - UK

HSBC and NatWest accused of financing North Sea oil extraction despite pledge

Campaigners call on banks to cease funding Ithaca, which is playing a key role in Rosebank oilfield plan

The Guardian - UK

Starling bank refused a £10,000 scam refund for my grieving, ill husband

The scammers struck two days before he was due to have major heart surgery, and in the midst of grieving for our daughter, who was murdered overseas

Top News

Britain Proposes 'Debanking' Law After Natwest Debacle

Britain mulls 'debanking' law post NatWest incident to regulate bank account closures and protect customer rights.

Evening Standard

'Are we missing something?' - Shock as Halifax becomes fourth lender to up mortgage rates today

“Are we missing something here?” one adviser asked of the flurry of mortgage rate rises

The Guardian - UK

‘We’ll be £1,500 a year better off’: parent reacts to child benefit tax changes in budget

Family will no longer have to repay all of benefit – while a keen saver says he is interested in the British Isa

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