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
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
Royal Bank of Scotland owner NatWest Group is facing a fine of £300 million after the bank pleaded guilty at Westminster Magistrates’ Court to criminal charges brought by the Financial Conduct Authority (FCA) under the Money Laundering Regulations 2007 (MLR 2007). NatWest accepts that it
NatWest Group has launched a new 'housemate' app to help renters manage shared bills. The new digital tool will allow house sharers to split bills and could help them build their history with NatWest’s data partner, Experian.
Insurance giant Legal & General has entered into a 15-year joint venture partnership with NatWest Pension Trust Limited (NWPTL) the defined benefit pension scheme of NatWest Group, to build a £4 billion portfolio of retirement homes with net-zero carbon emissions. The two firms are investi
Royal Bank of Scotland owner NatWest Group has posted operating profits before tax of £2.505 million. In the first half of 2020, the bank reported an operating loss before tax of £770m.
The UK Government has announced that it intends to sell part of its shareholding in NatWest Group plc (formerly the Royal Bank of Scotland Group plc).
NatWest Group and Sustainable Food Trust to collaborate to help farmers measure environmental impact
NatWest Group and the Sustainable Food Trust (SFT) are to join forces for the next two years to support the development of a common framework of farm sustainability metrics and an accompanying assessment tool that will enable farmers to measure their environmental and social impact and give them act
Royal Bank of Scotland owner NatWest Group has announced it is teaming up with Fair4All Finance, Esmée Fairbairn Foundation and StepChange on new research into how ethnicity influences access to financial products and services in the UK.
NatWest Group has launched a new programme, CareerSense, to support 13-24-year-olds with readiness for work, aiming to reach over 10,000 young people this year. Through feedback from partners, teachers and those in early careers, the bank recognises that many young people enter the world of work unp
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
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
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