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The Latest Breaking News from NatWest

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.

AFP

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.

Evening Standard

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

The Guardian - UK

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Government cedes control of NatWest for first time since financial crisis

The Treasury has been selling off its stake since 2015

Birmingham Post

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.

The Independent UK

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

Wales Online

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.

Daily Record

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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

Wales Online

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

Birmingham Post

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

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

The Guardian - UK

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

Nottingham Post

NatWest to offer 'buy now pay later' option to customers

The bank said it would put safeguards in place to help make sure lending is affordable

Birmingham Post

NatWest will enter the buy now, pay later market this summer

The bank is planning on launching the new product in summer 2022 and said it will put safeguards in place to help ensure lending is affordable.

The Independent UK

Savers can get 3% interest on their cash and £150 if they switch banks this week

Anyone looking for some extra help with the cost of living crisis could consider switching deals like the one offered by NatWest, though you will need to transfer £1,250 in order to get it

Daily Mirror

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Wales Online

David Domoney operates plant hospital at Ideal Home Show

"We’ve seen the house plant trend skyrocket since the beginning of the pandemic"

Evening Standard

Should you take a mortgage from NatWest?

NatWest, one of the biggest mortgage lenders in the UK, is part of the NatWest Group (formerly called the Royal Bank of Scotland Group). The group incorporates NatWest, RBS and Ulster Bank. NatWest is around 52% owned by the government after it was bailed out during the 2008 credit crunch.

Birmingham Post

Plant hire firm in North Wales secures £100m funding package

RSM UK’s debt advisory team helped Thomas Plant Hire Limited secure deal from HSBC, NatWest and Barclays

Daily Mirror

Halifax, Lloyds, Barclays and HSBC all closing branches - see if yours is affected

High street banks including TSB, NatWest and Royal Bank of Scotland are shuttering branches because of a move towards online banking, but at the cost of access to cash

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Birmingham Post

Welsh private sector output expands shows latest NatWest research

Growth in output in Wales in February was only bettered by London and Yorkshire & Humber

Birmingham Post

Marked upturn in East Midlands business activity says NatWest – but impact of Ukraine war yet to bite

Firms stated that greater new orders and stronger client demand has followed the easing of Covid-19 restrictions

Birmingham Post

North East business activity picks up - but lags behind rest of UK

The North East saw the weakest growth of all 12 UK regions monitored in the latest NatWest Business Activity Index

Birmingham Post

Cost pressures amid Ukraine crisis causing 'mounting concern' for South West firms recovering from pandemic

There was a rise in business activity in the region last month but there are fears this could be "hampered" in the months ahead

Birmingham Post

'Sharp and accelerated' increase in North West business activity revealed by new figures

NatWest has published its latest Regional PMI data for the North West

Birmingham Post

Cotswold food company supplying Pret and M&S to move to new HQ and create 20 jobs

The business has agreed a major funding package with NatWest which will be used to support the relocation

Manchester Evening News

Vision for regeneration of Droylsden revealed by property chief

Bosses are seeking to take over the empty NatWest Bank unit as well as attracting a food store into the town centre

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