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The Latest Breaking News from NatWest

Bank surcharge slashed but ‘so-called cut’ means 1% tax rise for sector

Lloyds Banking Group and NatWest saw shares rise by about 1.5% after the Treasury confirmed that the tax on banks’ profits would be cut from April.

The Independent UK

East Midlands business activity falls for fifth month

Business confidence at two-and-a-half year low, according to a new NatWest study

Birmingham Post

‘Recessionary fears’ among South West firms set in amid uncertainty

A survey for NatWest has uncovered one of the weakest business performances for the region since the global financial crisis in March 2009

Birmingham Post

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'Sustained decline' in North West business activity, shows NatWest figures

The decline in business activity was led by the region's manufacturing sector

Birmingham Post

Gen Z's top 30 inspirational celebrity business icons - Rihanna and Beyoncé top list

Young adults say they find famous entrepreneurs, such as Molly-Mae Hague and Kim Kardashian, more relatable than traditional businessmen like Jeff Bezos

Daily Mirror

Rihanna, Beyoncé, Marcus Rashford and Molly-Mae Hague top business icon list

Gen Z's most inspirational business heroes are Rihanna, Beyoncé, Marcus Rashford - and Molly-Mae Hague. A poll of 2,000 young adults found they’re also inspired by the entrepreneurial exploits of David Beckham, Kylie Jenner, Elon Musk, and Ryan Reyn

Wales Online

‘Dysfunctional’ Companies House is facilitating fraud

Criticisms come at a Business, Energy and Industrial Strategy committee examining company registrations

Insider UK

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Woman 'loses £36,000' after NatWest 'deletes account' with life savings inside

Kirsty Hamlet says her life has been 'put on hold'' after the bank allegedly closed down her account without warning - leaving her unable to access the funds for the last six months.

Daily Record

Bank closed woman's £30,000 account six months ago and she can't get her money

Kirsty has spent hours on the phone trying to get her life savings back

Wales Online

Woman's nightmare after bank 'delete her account' with life savings inside

Kirsty Hamlett claims she lost out on buying her first home and has missed important payments as a result of the chaos

Manchester Evening News

Property giant owned by Duke of Westminster to raise £150m

The funds will also be put towards 'continued diversification via the part ownership and successful management of Liverpool ONE'

Birmingham Post

The Co-op is giving staff paid time off for fertility treatments

The time off is flexible and unrestricted

Wales Online

Co-op to give all staff paid leave for fertility treatments

Co-op’s boss Shirine Khoury-Haq said that she has gone through the process of fertility treatment herself and wants to support employees.

The Independent UK

Dying hospice patient had NatWest account frozen after £250 fraud claim

Case highlights how bank customers can lose access to funds over claims as minor as £40 without chance to contest complaint

The Guardian - UK

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The Guardian - UK

NatWest reports £1.1bn profit as it predicts 7% fall in UK house prices

Bank says there has been a slowdown in customers trying to get new mortgages in recent weeks

Evening Standard

NatWest boss: “Anxiety levels are high”, as bad debts rocket

Britain’s top four high street lenders have set aside towards £2.5 billion this week to deal with bad debts, a clear sign that the bankers are preparing for a recession.

The Guardian - US

Twitter shares taken off stock exchange after Elon Musk seals $44bn takeover – business as it happened

Donald Trump says he is happy Twitter is in ‘sane hands,’ as SEC filing confirms the Tesla billionaire has bought the social media platform with over 230m users

Insider UK

NatWest third quarter results exceed expectations

Chief executive states that it is closely monitoring customer distress levels as the cost-of-living crisis bites

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Daily Mirror

Actor Simon Callow sits down for spooky story time - to warn Brits about types of fraud

The BAFTA nominated actor said he almost fell foul of a scam himself - as he shares a collection of horror stories based on real-life victims

Birmingham Post

Industry leaders join NatWest to discuss driving life sciences

Bank hosts event aimed at increasing growth in the sector across the West Midlands

Birmingham Post

Women dominate new cohort for NatWest's entrepreneurship accelerator in Wales

NatWest has a UK wide network of accelerators supporting entrepreneurship

Wales Online

Simon Callow says he was almost scammed as he narrates fraud tales for Halloween

The actor says he nearly fell victim to sophisticated scamming procedures

Daily Record

Money saving tip shows how people could save £1,700 using spare change

The trick could help savvy budgeters save cash without impacting their bank balance too much.

Birmingham Post

£850k funding package allows Cobra Sport to put its foot down on site expansion plans

Exhaust manufacturer eyes wider markets and greener products with second facility

The Guardian - UK

Banks may see higher tax as a price worth paying for economic stability

Third-quarter profits will be subdued, but many lenders will accept a tax raid to boost the public finances (and their own image)

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