NatWest swung to a huge profit in the past year as the Government-backed bank released more money it held to one side during the Covid-19 pandemic.
The bank reported an operating pre-tax profit of £4bn in 2021, up from an operating pre-tax loss of £481m a year earlier.
During the year it put £1.3bn back on to its balance sheet from the £3.2bn put aside during the pandemic, including £341m in the final three months of the year.
