The number of sub-1% mortgages on offer in the UK has increased as major banks and lenders extend their ranges. HSBC UK has unveiled a rate below 1% for the first time in nearly five years, while Nationwide Building Society is offering a 0.99% mortgage fixed for two years for borrowers with a 40% de
Natwest
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
Alison Rose, the CEO of NatWest Group, has confirmed that the bank would move its registered headquarters to London if Scotland became independent. Ms Rose told The Herald yesterday that the Royal Bank of Scotland owner has “always been very clear” that its balance sheet would be “
Royal Bank of Scotland owner NatWest Group has posted its results for the first quarter of 2021 revealing an 82% increase in operating profits before tax. The bank's profits rose to £946 million from £519m in the first quarter of 2020.
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.
NatWest Group has become one of 43 banks globally to join the Net Zero Banking Alliance, a coalition of financial services companies that have pledged to work together to help deliver the Paris Agreement. As the banking sponsor of the COP26 climate summit, NatWest Group’s membership of this gl
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
NatWest Group has joined forces with Microsoft to help UK businesses better understand their carbon footprint and create tailored action plans to reduce their carbon emissions leveraging digital technologies. Due to be piloted later this year, and building on Microsoft’s innovative cloud, data
NatWest Group has bought back £1.1 billion of shares, bringing the UK Government's stake in the banking group down from 61.1% to 59.8%. The Royal Bank of Scotland owner has agreed with HM Treasury to make an off-market purchase for the total consideration of £1,125,341,269.13 for 590,730
The Financial Conduct Authority (FCA) has today announced that it has commenced criminal proceedings against NatWest Plc in respect of offences under the Money Laundering Regulations 2007 (MLR 2007). The FCA alleges that the Royal Bank of Scotland owner failed to adhere to the requirements of r
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 Group has issued a €1 billion affordable housing social bond, the first of its kind by a UK bank. The issuance reinforces NatWest Group’s July 2020 commitment to provide £3bn of funding to the UK’s affordable housing sector by the end of 2022.