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City

NatWest investors to share £1.8bn special dividend as profits rise

NatWest has posted an increase in profits and will give shareholders a special £1.8 billion payout, but acknowledged that its customers are being hit by rises to the cost of living. The banking group said pre-tax operating profit hit £2.6 billion in ...

29 Jul 2022 at 08:56

City

NatWest upgrades income forecast and mortgage lending soars

NatWest has upgraded expectations for the year as the company’s mortgage book grew and the chief executive said the bank is seeing “no signs” of families in added financial distress. The bank told shareholders on Friday that it expects to make £12....

28 Oct 2022 at 08:44

City

NatWest boss refuses summons by MPs probing savings rates

The boss of NatWest has refused a request to appear in front of MPs to answer questions on why banks are being slow to pass on higher interest rates to savers. Chief executive Alison Rose has told MPs on the Treasury Select Committee that she ...

01 Feb 2023 at 18:15

NatWest boss to steer Government plans to cut UK energy consumption

The Government has charged a new taskforce, chaired by the boss of NatWest, with working out how to significantly cut UK energy consumption over the next seven years. The Treasury said that NatWest chief executive Dame Alison Rose will be ...

20 Feb 2023 at 22:30

City

NatWest sees profits jump by a third and returns annual bonus for bosses

NatWest Group has said its profits surged by more than a third to reach £5.1 billion last year, as it revealed its chief executive received a pay packet totalling £5.25 million. The British banking giant took in more income in 2022 as it ...

17 Feb 2023 at 09:06

City

NatWest boss: Customers becoming more ‘confident’ despite cost woes

NatWest chief executive Dame Alison Rose has said UK households and businesses are becoming more confident despite ongoing pressures from higher interest rates and the cost-of-living crisis. Dame Alison told the Goldman Sachs European ...

15 Jun 2023 at 10:44

City minister to warn banks over ‘disproportionate’ account closures

City minister Andrew Griffith has summoned bank chiefs for a meeting to discuss how customers can be protected from “being de-banked” after Coutts cut ties with Nigel Farage. Mr Griffith is expected to write to the chief executives ...

24 Jul 2023 at 09:11

NatWest Group boss apologises to Nigel Farage after Coutts closure row

The chief executive of NatWest Group has apologised to Nigel Farage for “deeply inappropriate comments” made about him in official papers, saying she is “commissioning a full review of the Coutts’ processes” on bank account ...

20 Jul 2023 at 18:17

NatWest Group chief faces resignation calls over Nigel Farage leak

The chief executive of NatWest Group is facing calls to resign after she admitted being the source of an inaccurate story about the closure of Nigel Farage’s bank account. Dame Alison Rose said she made a “serious error of ...

25 Jul 2023 at 21:44

City

NatWest to face scrutiny after bosses ousted over Farage bank account row

Senior bosses at NatWest Group are set to face scrutiny from shareholders following the dramatic fallout in the row sparked by Nigel Farage over the closure of his Coutts bank account. The scandal culminated in the ...

28 Jul 2023 at 00:01

City

Privacy watchdog sorry for saying ex-NatWest boss breached Nigel Farage’s rights

The privacy watchdog has apologised to former NatWest boss Dame Alison Rose for suggesting she broke privacy rules when discussing Nigel Farage with a journalist. The Information Commissioner’s Office said that it ...

06 Nov 2023 at 14:52

City

Financial watchdog to ask MPs about debanking experiences

British politicians are to be asked to reveal whether they have encountered any problems accessing bank accounts or faced being “debanked”, as part of an inquiry by the UK’s financial watchdog. The Financial ...

15 Aug 2023 at 10:54

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