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The Latest Breaking News from NatWest

Grim outlook as danger signals go red and confidence crashes

THE extent of the financial pain facing millions of Britons was laid bare today with figures showing that business confidence in plunging and financial distress signals for companies and individuals are flashing red.

Evening Standard

Leeds Natwest bank starts closure process as branch begins shutting down procedures

The RBS branch in Leeds city centrewill shut

Leeds Live

Caledonia Housing Association secures £75 million to build sustainable homes

The new funding will be used to construct around 500 energy-efficient houses

Insider UK

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NatWest reports 40% profit jump as bank refers customers to debt experts

Strong first-quarter results come as group warns of ‘uncertain’ economy because of cost of living crisis

The Guardian - UK

FTSE 100 Live: Amazon drops 11%, Musk sells $8.5bn chunk of Tesla, NatWest profits surge, AO drops

A volatile April for stock markets is ending on an upbeat note, despite Amazon’s below par results dealing another blow to confidence in the technology sector.

Evening Standard

NatWest increases profits despite 'challenging environment'

Chairman apologies for money laundering failures and warns on inflation at AGM

Insider UK

Liverpool building firm goes bust owing £5.9m to creditors

Boss David Cain said he had taken a 'difficult decision' following an 'extremely challenging few years'

Liverpool Echo

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NatWest avoids revolt as shareholders back executive pay overhaul

Advisory firm had called on investors to vote against plan, under which boss Alison Rose could earn £5.2m

The Guardian - UK

Landlord strikes £100m deal to help deliver 11,000 affordable homes by 2030

The deal consists of £85m refinancing of existing debt and £15m new debt

Birmingham Post

Key decision made over closure of RBS bank in Nottingham city centre

Dozens of banks have closed in Nottinghamshire over recent years

Nottingham Post

Bank bosses’ optimism darkens as war follows on the heels of Covid

Last year’s hopes of a return to normal will largely be absent from this week’s downbeat set of UK lenders’ results

The Guardian - UK

City watchdog warns of cyber crime risk for new banks

Six of the top UK “challenger” banks have weak financial controls that leave them at risk of being victims of money laundering, terrorist financing, fraud and cyber-crime, the top City watchdog warned today.

Evening Standard

Monzo and beyond: How TS Anil put banking in a new light

The fintech startup’s boss always hoped it would make waves, but has only recently realised what his own career has meant to people of colour in banking

The Guardian - UK

Marcus Rashford launches new initiative to help kids with money

The new programme, Thrive, is launching this Easter at the Norbrook youth club in Manchester and will include workshops designed to help young people talk about money and improve their confidence around money issues.

Manchester Evening News

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Birmingham Post

Welsh private sector output continues to expand shows latest NatWest research

But the rate of expansion in March slowed on February

Wales Online

Marcus Rashford launches money programme to help young people feel confident with finances

Research found 80% of young people think they will never be financially secure

Daily Mirror

Marcus Rashford launches scheme to help youngsters be confident with their cash

Football star Marcus Rashford has launched a programme aimed at developing the financial skillset in children to ensure they have the skills to thrive as they grow up

Birmingham Post

Rising costs and drop in orders lead North East economy to struggle

New survey by NatWest paints a worrying picture for the North East economy

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Birmingham Post

Ukraine crisis and soaring costs continue to put pressure on UK businesses

The latest Natwest PMI report reveals that while business is recovering, firms are facing new setbacks

Birmingham Post

South West business confidence at 23-month low amid rising costs

The latest PMI data from NatWest showed firms saw an increase in expenses on energy, fuel, labour, transport and raw materials

The Guardian - UK

Joe Lycett: sites such as Airbnb and eBay must do more to stop scams

TV presenter tells peers such platforms often pocket revenue but refuse to take responsibility for fraud

Birmingham Post

New owners for 200-year-old Llanelli hotel following six-figure deal

The Ashburnham Hotel in Pembrey changed hands after its new owners secured funding from NatWest

Insider UK

NatWest mulling £3bn takeover bid for Tilney Smith & Williamson

The group recently regained its private company status after the UK Government reduced its stake below 50%

Insider UK

UK Government's NatWest stake cut to below half for first time since financial crash

The Treasury has sold £1.2bn worth of shares in the former RBS group

Evening Standard

Government stake in NatWest falls below 50% -- 14 years after bailout

NATWEST took a symbolic and historic step towards being free of government control today when it bought a near 5% stake in itself from HM Treasury.

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