NatWest has announced a major new partnership intended to further its efforts to help young people to thrive and reach their goals sooner. NatWest and Marcus Rashford are working together to co-create a programme designed to support young people in communities across the UK to learn about and develo
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NatWest has been fined £264.8 million following convictions for three offences of failing to comply with money laundering regulations. Mrs Justice Cockerill, the sentencing judge at Southwark Crown Court, yesterday said: “….it must be borne in mind that although in no way complici
Data from Tyl by NatWest, an SME payments provider, has shown SME’s transaction values increased by £7.85 on average since the new £100 contactless limit came into effect on October 15th. Analysing data by key seasonal sectors, those in the floristry industry benefited from an aver
NatWest has announced a series of initiatives, leading with a target to provide £100 billion of Climate and Sustainable Funding and Financing (CSFF) by the end of 2025. The announcement comes as the lender publishes a report setting out the potential opportunity that exists for the UK economy
The Competition and Markets Authority (CMA) has issued a warning to a series of UK banks including Monzo, NatWest and Virgin Money after they breached a rule requiring them to send former customers their transaction histories. As a result of the Retail Banking Market Investigation Order 2017, banks
Royal Bank of Scotland owner NatWest has launched a new Junior Stocks and Share ISA for parents and guardians wanting an affordable alternative to cash savings to help save for their children’s future. The new JISA, available through NatWest’s digital investment services, NatWest Invest
Royal Bank of Scotland owner NatWest has outlined plans that will see just 13% of its workforce return to the office for most of their work, with almost a third working mainly from home. Under the plans, the majority, 55%, will utilise a hybrid working model, mixing home and the office.
NatWest customers will be able to set their own limit on how much can be transferred from their bank account online, in an attempt to protect the bank's customers from scams. The Royal Bank of Scotland owner is to cut the default limit on online transfers from £20,000 to £5,000 a day for
Tyl by NatWest has launched a new loyalty app ‘Tyl Rewards’ designed to encourage consumers to continue supporting local businesses, by rewarding regulars as lockdown starts to lift in the UK.
A new New SME Recovery Report from NatWest has revealed that targeted support for SMEs could unlock £140 billion of additional GVA growth by 2030 equivalent to creating around 3.2 million new jobs across the UK. As part of its commitment to remove barriers to enterprise and help the econo
NatWest bankers will offer customers video meetings outside of normal working hours as part of a revamp of the lender’s retail banking division. NatWest, which owns the Royal Bank of Scotland, has formulated a new strategy for the business, including plans to offer new products for savers, exp
The Alison Rose Review into Female Entrepreneurship (Rose Review), published in March 2019, demonstrated that up to £250 billion of new value could be added to the UK economy if women started and scaled new businesses at the same rate as UK men.
NatWest has joined the growing number of UK lenders who have reintroduced 90% mortgages after many banks and buildings societies cut such offerings in the wake of COVID-19. At the beginning of the month, Bank of Scotland owner Lloyds Banking Group announced that it was reintroducing 10% deposit mort
A new survey from NatWest has found that just over a third (31%) of young Brits (aged 18-24) don’t feel financially secure in the current COVID-19 climate. When asked if they felt financially secure, have enough money to live comfortably and afford essential payments (e.g. groceries, utility b
NatWest Group, formerly known as RBS Group, has been named as the banking sponsor of next year’s COP26 climate summit in Glasgow. The banking group said its sponsorship would demonstrate "its ambition to champion the fight against climate change by playing an active role in the transition to a