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24.10.25 - 13:18
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UK must resist raising taxes on banks, says NatWest boss as profits leap 30% (The Guardian)
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CEO says fiscal discipline should be balanced with 'policies that create stability, consistency and support growth'NatWest Group's chief executive has warned the government against increasing taxes on banks in the autumn budget, as the high street lender reported a 30% jump in profits.Paul Thwaite said he understood the “difficult choices” that the chancellor, Rachel Reeves, had to make in order to help close a potential £30bn shortfall in the public finances but argued she needed to “balance fiscal discipline” with “policies that create stability, consistency and support growth”. Continue reading......
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02.05.25 - 09:42
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NatWest profits soar by 36% as full privatisation looms (The Guardian)
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Government stake reduced to under 2% as bank's profit of £1.8bn beats analyst forecasts by £200mBusiness live – latest updatesNatWest has reported a 36% increase in profits in the first three months of this year as the government reduced its stake in the bank to less than 2%, paving a return to fully private ownership after 17 years.The bank reported operating profit before tax of £1.8bn, up from £1.3bn in the same period last year, beating analyst consensus forecasts by £200m. Continue reading......
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02.05.25 - 09:18
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NatWest Group Q1 Net Profit Improves Sequentially (AFX)
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LONDON (dpa-AFX) - NatWest Group Plc (NWG.L, NWG), a British banking and insurance holding company, on Friday reported a sequential rise in its first-quarter earnings, helped by improved total inc......
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14.02.25 - 09:24
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NatWest Group FY Profit Rises (AFX)
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LONDON (dpa-AFX) - NatWest Group plc (NWG.L), a banking and financial services company, posted a profit attributable to ordinary shareholders of 4.519 billion pounds or 53.1 pence per share in fis......
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