Get all your news in one place.

100's of premium titles.
One app.

Get all your news in one place.

100's of premium titles. One news app.

UNBELIEVABLE: 2 | History Defined

NatWest beats annual profit expectations as bank targets ‘new chapter’

Chief executive Paul Thwaite said shedding the Government’s shareholding would mark a ‘new, forward-looking chapter’ for the British lender.

The Independent UK

FTSE 100 Live 14 February: NatWest shares fall despite profit beat, Thames Water in bills appeal

NatWest today beat City forecasts after the lender revealed a 2024 profit of £6.2 billion.

Evening Standard

NatWest could be back in private hands by mid-2025, chief says

Paul Thwaite said it would be ‘a great moment and really symbolic’ both for the group and for the wider industry.

The Independent UK

From analysis to the latest developments in health,
read the most diverse news in one place.

Stock market Santa rally underway; South Korean won hits two-year low as martial law declared – as it happened

Rolling coverage of the latest economic and financial news

The Guardian - UK

NatWest on fast trajectory back to private ownership, boss says

Paul Thwaite says government’s exit from its stake in bank could come in first half of 2025 and will be a ‘great moment’

The Guardian - UK

NatWest accelerates privatisation with £1 billion share buyback from Government

NatWest buys back £1bn of shares from the Government, reducing its stake to 11.4%

Evening Standard

Government stake in NatWest falls to 11.4% after bank buys back £1bn of shares

The move has reduced the Government’s stake in NatWest to around 11.4% from 14.81%.

The Independent UK

Read news from The Economist, FT, and more,
with one subscription

NatWest urges Reeves to ‘get balance right’ when changing debt rules

Bank’s boss says chancellor must signal intentions clearly amid risk to borrowing and mortgage rates

The Guardian - UK

NatWest: Consumer confidence improving but Budget and US election weighs on mood

The bank revealed it grew its mortgage lending in recent months amid an increase in the number of applications being sent by borrowers.

The Independent UK

NatWest earnings jump by a third as mortgage lending grows

NatWest joins Lloyds and Barclays in unveiling higher profits than analysts were expecting this week.

Evening Standard

NatWest takes £24m hit from abandoned ‘Tell Sid’-style campaign

Bank left with costs from Sir Trevor McDonald-fronted campaign after early election halted rollout

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

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

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

The Guardian - UK

Get all your
news in one place.

100's of premium titles.
One news app.

International Business Times

UK Bank NatWest Shakes Off CEO Turmoil As Profits Jump

British bank NatWest on Friday said net profit jumped nearly a third in 2023 on higher interest rates, adding that Paul Thwaite would become permanent chief executive following boardroom turmoil.

The Guardian - UK

NatWest reports biggest annual profit since 2007 financial crisis

Pre-tax figure of £6.2bn comes as bank confirms Paul Thwaite will take over permanently as chief executive

Evening Standard

NatWest profits boom sets up government stake share sale

NatWest set itself up for a major sale of its shares back to the public today with a 20% leap in annual profits to £6.2 billion.

The Guardian - UK

UK retail sales rebound after Christmas slump; company insolvencies rise – as it happened

Rolling coverage of the latest economic and financial news, as retail sales in Great Britain rebound by 3.4% in January

Get all your
news in one place.

100's of premium titles.
One news app.

The Guardian - UK

Mortgage debts and bust firms put UK banks’ profits under pressure

With the big lenders reporting their results this week, investors are trying to stay optimistic and hoping there will be no more crises

The Guardian - UK

NatWest chief ousted over Nigel Farage accounts row in line for £2.4m payout

Bank to pay salary, pension and shares to Alison Rose, who resigned at end of July, during 12-month notice period

The Independent UK

Ex-NatWest boss Alison Rose set for £2.4m payout after resigning over Farage row

Ms Rose resigned after she admitted to being the source of an inaccurate story about Nigel Farage’s finances.

Evening Standard

Alison Rose to still make £2.4 million salary after resigning amid Farage controversy

However, this salary could still be clawed back by NatWest

The Guardian - UK

Coutts chief quits and crisis wipes £1bn off NatWest shares

Ousting of private bank’s chief may not be final departure as future of NatWest Group chairman looks uncertain

The Guardian - UK

Coutts chief executive Peter Flavel resigns over Nigel Farage row

Head of bank steps down less than 48 hours after NatWest boss Alison Rose was forced to quit

1 2

People

From analysis to the latest developments in health,
read the most diverse news in one place.

Organisations

Office for National Statistics

2,742 stories

International Monetary Fund

Read news from The Economist, FT, and more,
with one subscription

Topics

Places

Fourteen days free

Download the app

One app. One membership.
100+ trusted global sources.