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The Latest Breaking News from NatWest

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

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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

Welsh private sector output continues to expand shows latest NatWest research

But the rate of expansion in March slowed on February

Birmingham Post

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

Wales Online

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

Daily Mirror

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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

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

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

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

The Guardian - UK

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

Birmingham Post

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

Insider UK

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AFP

Britain cedes control of bailed-out NatWest bank

London (AFP) - Britain announced Monday that it has ceded control of bailed-out bank giant NatWest, cutting its stake to below 50 percent for the first time since the global financial crisis.

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.

The Guardian - UK

NatWest returns to majority private control as it buys back £1.2bn in shares

UK government sells more of stake in group formerly known as Royal Bank of Scotland at a loss over 2008 price

Birmingham Post

Government cedes control of NatWest for first time since financial crisis

The Treasury has been selling off its stake since 2015

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The Independent UK

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

The Treasury’s ownership of the bank peaked at 84% in 2009.

Wales Online

8million call in experts to cut grass as research shows common gardening mistakes

Daily Record

NatWest to offer customers buy now, pay later option on purchases from this summer

The new scheme will be rolled out to RBS customers later in the year.

Wales Online

NatWest to offer buy now, pay later option to customers from summer

Banking giant pledged to put safeguards in place to help ensure lending is affordable and scheme will be closely regulated

Birmingham Post

WRU refinances £18m Covid funding for the regions with Welsh Government

The new funding deal means the capital will not have to repaid in full until 2040 rather than previously in three

The Guardian - UK

NatWest to launch ‘buy now, pay later’ credit scheme this summer

First UK high street bank moves into lucrative yet unregulated payment sector

Nottingham Post

NatWest offering big change for customers and their money this summer

People will be able to keep track of payments and see how much they owe through NatWest’s mobile app

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