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The Latest Breaking News from NatWest

Banks ‘could lose licences for banning customers over their political views’

It comes after Nigel Farage’s banks accounts were closed by Coutts because his views ‘did not align with’ the bank’s values.

The Independent UK

Nigel Farage has a point. Coutts should explain itself

Bank for wealthy says it wants clients who are ‘disrupters and challengers’, but seems to find some less tolerable without the cash

The Guardian - UK

Sunak, Braverman and City regulator wade into Farage banking row

FCA chief says banks cannot ‘discriminate’ against political views, but chair argues it’s up to Coutts ‘who they do business with’

The Guardian - UK

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Ministers denounce ‘disgraceful’ treatment of Nigel Farage by Coutts bank

The former Ukip leader said after his account was closed there is a danger of the UK moving towards a ‘Chinese-style social credit system’

Evening Standard

Savings providers must keep customers informed about available rates – watchdog

FCA boss Nikhil Rathi said firms will need a strategy to ensure customers are adequately informed of available rates across their product set.

The Independent UK

NatWest sets goal to support 10 million people per year with financial wellbeing

Digital tools and financial health checks are being used to help people’s financial wellbeing, NatWest said.

The Independent UK

Confidence growing in East Midlands economy

NatWest business survey found inflation eased in June and business confidence was at its strongest since early 2022

Birmingham Post

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UK banks say they will give people £200 for free

Martin Lewis explained how people can make money with a simple

Liverpool Echo

FTSE 100 Live: Shares soar as banks pass stress test, pound at $1.30 as US inflation falls to 3.0%

Burberry has revealed a strong start to its financial year as the luxury goods group sees a surge in demand from Chinese consumers.

Evening Standard

'We are passing interest rate rises on to our savers', says NatWest executive

Chief financial officer Katie Murray said the bank has found it difficult to communicate with customers under GDPR legislation

Birmingham Post

TSB bank offering customers £200 for simple switch - here’s how to get it

There are several banks offering cash incentives if you swtich

The Independent UK

Fastening firm Trifast investing in West Midlands distribution centre after £120m financing deal

'Substantial investment' at site after milestone deal

Birmingham Post

Major UK bank giving away £200 to new customers - see if you're eligible

Customers get £125 if they open a Spend & Save or Spend & Save Plus account after July 10, then use the Current Account Switch Service (CASS) to move to TSB before August 31, 2023

Daily Mirror

New Design Windows secures £1.2m funding for South Yorkshire expansion

A number of new jobs are expected to be created in the move

Birmingham Post

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Daily Mirror

New mortgage rules kick in TODAY - what this means for you and all the help available

The charter is intended to help millions of homeowners who are facing a huge jump in monthly mortgage repayments because of rising interest rates after the Bank of England upped rates to 5% last month

Birmingham Post

Economic growth sustained as inflationary pressures recede further - report

Latest PMI report from NatWest and signals growth for the fifth month in a row

Birmingham Post

South West sees ‘disappointing’ drop in business activity, NatWest reports

A survey by the bank found that despite a drop in new business, firms in the region were ‘upbeat’ about the year ahead

Manchester Evening News

Natwest branches closing across Greater Manchester

One of the closures left a town without a bank.

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The Week

Nigel Farage: was former UKIP leader cancelled by Coutts?

Cancel culture, already the blight of British universities, seems to be creeping into banking, said The Daily Telegraph.

Daily Mirror

The LOWEST interest rates offered to savers by banks - from Santander, to Natwest and Barclays

Bosses at some of the UK's biggest banks, Lloyds, HSBC, NatWest and Barclays are to face questions by the Financial Conduct Authority (FCA) this week on the speed it passes on the rate rises to savers

Liverpool Echo

Natwest and RBS closing 36 more branches including one in Merseyside

The banking giant said "closing a branch is a decision we take very seriously"

Birmingham Post

NatWest speaks with Bristol charities about the cost of living crisis

Chief executive Alison Rose hosted a round table to find out how the banking group can support vulnerable people

The Guardian - UK

UK banks urged to ‘accelerate’ savings rates by financial regulator

FCA tells NatWest, Lloyds, HSBC and Barclays to act more quickly to support consumers after profiteering claims

Daily Record

RBS and Natwest announce closure of 36 branches across UK - check the full list

NatWest will close 34 additional branches between September 2023 and July 2024, with their sister bank, RBS, shutting down two more branches by November this year.

Nottingham Post

Natwest and RBS announce 36 branches to close - full list

Move means many communities will lose their access to high street banking

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