OnPath Energy has achieved financial close on a 33.4MW Scottish onshore wind project after securing financing from NatWest. The six-turbine Mill Rig Wind Farm, which sits between Strathaven and Darvel in South Lanarkshire, will feature some of the UK’s most advanced turbines to maximise energy
Natwest
Scotland has recorded one of the strongest upticks in startup activity in the UK in the first half of 2025, according to the latest New Startup Index from NatWest and Beauhurst.
Royal Bank of Scotland-owner NatWest Group PLC has reported strong first-half results, with attributable profit for the six months to June climbing 28% to £2.5 billion. Operating profit before tax reached £3.6bn, up from £3.0bn in the same period last year. This performance was dri
NatWest Group has announced a new, five-year collaboration with Amazon Web Services (AWS) and Accenture to transform the way it serves its customers by accelerating the modernisation of its digital, data and analytics, and AI capabilities. The collaboration will enable NatWest to provide more intuit
The Treasury has sold its final shares in Royal Bank of Scotland-owner NatWest Group, concluding 17 years of public ownership that began with a £45 billion taxpayer bailout during the 2008 financial crisis. This full privatisation marks a symbolic moment for the bank, formerly Royal Bank of Sc
NatWest Group is on the verge of returning to full private ownership for the first time in nearly 17 years, following a significant reduction in the UK government's shareholding. The Treasury has recently sold a further tranche of shares, decreasing its stake from 1.98% to just 0.9%.
NatWest Group posted a strong start to the year, with first-quarter operating profits before tax jumping 36% to £1.8 billion, significantly beating analyst expectations. This performance was driven by increased deposits and mortgage lending, the latter boosted by buyers finalising purchases be
The UK government's shareholding in NatWest Group has fallen below 3%, marking a significant milestone in returning the bank to full private ownership following its £46 billion bailout during the 2008 financial crisis. The Treasury's stake, now at 2.99%, has been reduced through an ongoing tra
The UK government has relinquished its position as RBS-owner NatWest Group's largest shareholder, with its stake falling below 6% on Friday. This marks a significant milestone in the bank's journey back to full private ownership, more than 16 years after its taxpayer-funded bailout during the 2008 f
NatWest has announced a rise in annual profits, boosted by loan growth, improved margins, and low default rates, despite a weakening UK economy in the latter half of the year. The bank reported net income of £4.8 billion, up from £4.6bn the previous year.
RBS-owner NatWest Group has appointed Lena Wilson as its new senior independent director, succeeding Mark Seligman who will retire on March 31 2025. Ms Wilson, who also chairs the bank's performance & remuneration committee, previously served as chief executive of Scottish Enterprise.
Aberdeen-headquartered clean energy group D2Zero has secured a new £150 million lending facility from a group of banks. OakNorth, HSBC, NatWest and Virgin Money are among the lenders, as well as existing backer SCF Partners.
NatWest has banned employees from using WhatsApp and other messaging apps like Skype and Facebook Messenger on work devices.
RBS-owner NatWest Group has repurchased £1 billion worth of its shares from the UK government, further reducing the Treasury's stake in the bank from 14.2% to 11.4%. This marks a significant reduction in the Treasury's holding, which stood at approximately 38% in December 2023. The government
NatWest Group has posted a 26% jump in third-quarter profits to £1.7bn, exceeding expectations and raising its income forecast for the year. This strong performance comes despite a challenging UK economic outlook and follows a trend of positive results from other major UK banks.