Chancellor to meet with Lloyds, Barclays and Natwest executives over share slumps January 18, 2024 Chancellor Jeremy Hunt is convening a summit with bosses from the UK's largest banks to discuss concerns that their poor share performance is preventing more lending into the economy.
London sees output boom as demand picks up in December January 15, 2024 Firms in the capital saw new business orders accelerate in December taking the new business index to its highest level since May.
Natwest boss’s radio blunder betrays the reality of C-suite groupthink January 10, 2024 Natwest chair Sir Howard Davies's housing comments betray the risks of the C-suite echo chamber, writes Simon Neville.
Natwest chair says “it’s not that difficult” to buy a house. The data disagrees. January 5, 2024 House prices continue to outpace wage growth but Natwest chair Sir Howard Davies has told youngsters it's "not that difficult" to get on the ladder
Government quietly lowers stake in Natwest as it crystallises loss for taxpayers January 3, 2024 The government has quietly sold nearly 1.03 per cent of its shares in Natwest as it continues to reduce its stake in the bank since bailing it out during the financial crisis.
Top business disasters of 2023: Morning Wire reflects on the biggest corporate mishaps of the year December 30, 2023 Here at Morning Wire, we’re taking some time to reflect on some of the biggest c*ck-ups in business in the last 12 months.
Which banks were the winners and losers of 2023? December 29, 2023 After a year of big headlines, which UK banks pressed ahead and which fell behind in 2023?
Natwest says no evidence of discrimination in Coutts bank account closures December 15, 2023 Natwest, which owns Coutts, said lawyers at Travers Smith analysed 84 account closures in the two years to July 28, about a 10 per cent sample of all the relevant cases in that time.
Farage debanking row: Law changed so politicians are seen as lower risk December 15, 2023 It comes after Nigel Farage revealed that Coutts, owned by NatWest Group, had moved to close down his bank account, prompting a row over the current UK banking rules.
Banks to face ‘very serious consequences’ if they lie on ‘debanking’, FCA chief warns December 12, 2023 Banks will face "very serious consequences" if they are found to have lied about cases of so-called "debanking", the City watchdog’s chief warned today, as the fallout from a row between Nigel Farage and Natwest earlier this year continues.