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THE TRUTH ABOUT: 5 | History Defined

Business news live: NatWest give shareholders £1.5bn boost and European interest rate cuts to stop

Stock market news and latest business and finance updates from Friday

The Independent UK

NatWest To Overhaul Digital Banking With AWS, Accenture

NatWest Group (NYSE:NWG) on Wednesday unveiled a five-year strategic partnership with Amazon Web Services Inc. (NASDAQ:AMZN) and Accenture Plc (NYSE:ACN) to overhaul its digital infrastructure and elevate customer experiences through cloud computing, AI, and advanced data analytics.

Benzinga

UK bank profits in focus as lenders await critical motor finance court ruling

Lloyds Banking Group will kick off the sector’s half-year earnings with its results on Thursday, followed by NatWest Group on Friday.

Evening Standard

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Ad agency WPP asked to work on campaign nudging UK savers to invest in shares

Exclusive: City-funded campaign is endorsed by government, and aims to increase financial risk-taking in effort to spur growth

The Guardian - UK

Barclays fined £42m over poor handling of financial crime risk

FCA fines bank for failures relating to money-laundering risk linked to two businesses

The Guardian - UK

Saga to launch new over-50s savings products under tie-up with NatWest

Saga said an instant access savings product would be the first to launch under the partnership later this year.

Evening Standard

Over-50s savings accounts launched by Saga in partnership with NatWest

Saga said an instant access savings product will be the first thing to launch

The Independent UK

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Saga in talks with NatWest over personal banking tie-up

The over-50s group said a savings offering would be the first product set to launch under the partnership with NatWest.

Evening Standard

TSB’s Spanish owner considers sale of UK banking business

It comes a decade after Sabadell bought TSB for £1.7 billion to gain a foothold in the UK.

Evening Standard

Banks significantly increased fossil fuel financing in 2024, analysis finds

The annual Banking on Climate Chaos report found a shift in direction after fossil fuel financing had been decreasing over the previous four years.

Evening Standard

UK's NatWest Banking App is Down: Here Are Other Ways You Can Access Your Money Amidst IT Outage

The bank attributed the disruption to a faulty app update released the previous day and apologised for the inconvenience.

International Business Times UK

NatWest fixes issues which left customers unable to use mobile app

The bank said its app was back up and running and apologised to users who were unable to view or make payments.

Evening Standard

NatWest apologises to millions of customers locked out of app

In latest IT outage to hit a UK bank, group is investigating problem caused by update to app late on Thursday

The Guardian - UK

‘Godfather of AI’ believes it’s unsafe - but here’s how he plans to fix the tech

Currently we are living in the ‘wild west’ era of AI, where companies are fiercely competing to develop the fastest and most entertaining AI systems

The Independent UK

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Evening Standard

NatWest mobile app down with customers locked out of accounts

Customers are being urged to use online or telephone banking, or go into a branch, while it works to fix the problem.

The Independent UK

NatWest down: Online banking app not working in major outage

NatWest’s online banking app has broken in what appears to be a major outage.

Evening Standard

OPINION - KKR can walk away from the Thames Water fiasco...the rest of us are stuck with it

Even the New York firm that takes on the toughest challenges balked at London’s water supplier

The Guardian - UK

Hubris, crisis and scandal: how the NatWest ‘soap opera’ unfolded

From Fred ‘the Shred’ Goodwin to Nigel Farage ousting the CEO, it’s been a bumpy ride for the now-privatised banking group, formerly RBS

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The Independent UK

Warning over environmental ‘vapocalypse’ despite ban on disposable versions

Campaigners are concerned consumers may notice no difference between single-use vapes and new models flooding the market.

Evening Standard

UK on track to spend 3% of GDP on defence by 2034, says Healey

The Defence Secretary has promised a ‘certain decade of rising defence spending’.

Evening Standard

NatWest: Key dates in the bank’s history from rescue to privatisation

Here’s a timeline with key dates from the bailout of NatWest through to its return to privatisation on Friday.

Evening Standard

Why was NatWest rescued in 2008 and what has changed for the bank in that time?

At its peak, the Government had an 84.4% shareholding in the group, and did not start selling shares until 2015.

The Independent UK

Government sells final NatWest shares 17 years after bailout

The government confirmed a £10.5bn loss to taxpayers since the bank was rescued

Evening Standard

NatWest returns to private ownership for first time since 2008 rescue

The Government confirmed a £10.5 billion loss since the bank was bailed out by UK taxpayers during the financial crisis.

The Guardian - UK

Government sells final shares in NatWest 17 years after £45bn bailout

Sale ends state ownership of the banking group, then known as Royal Bank of Scotland, after 2008 rescue

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