NatWest blasted over legal costs for new PPI cases

Taxpayer-owned NatWest blasted over legal costs for new PPI cases NatWest – 62% state-owned – has been slammed for wasting  taxpayers’ money It is thought to have spent in excess of £10,000 on individual court cases  Judge S. Mitchell questioned why it was spending so much defending a PPI claim By Emma Dunkley For The … Read more

Metro Bank sells off a third of its mortgage book to NatWest

Metro Bank sells off a third of its mortgage book to NatWest: What’s behind the move and how does it affect customers? The challenger bank has sold a third of its residential mortgages to NatWest Around 13,000 loans will be transferred across in the next 18 months Metro Bank says ‘nothing changes at the moment’ … Read more

Best first-time buyer mortgages: NatWest relaunches a 90% LTV

First-time buyer boost: NatWest joins growing list of lenders relaunching mortgages needing 10% deposits that were pulled in the Covid-19 pandemic Four new products available at NatWest and Royal Bank of Scotland  The two and five-year fixed term deals will require a 10% deposit  They are open to both first-time buyers and home movers   Yorkshire … Read more

Government set to lose almost £40bn on 2008 bailout of Natwest

Government set to lose almost £40bn on 2008 bailout of Natwest: Treasury pledges to offload its stake by 2024-25 By Lucy White For The Daily Mail Published: 21:51 GMT, 26 November 2020 | Updated: 21:51 GMT, 26 November 2020 The Government will lose almost £40billion on its 2008 bailout of Natwest after the coronavirus crisis … Read more

NatWest banking goes DOWN across much of the UK leaving customers locked out of their accounts 

NatWest banking goes DOWN across much of the UK leaving customers locked out of their accounts Customers have complained about a variety of problems with online accounts Some are unable to log in, make payments or view their accounts with the bank NatWest have confirmed the issue and said they are investigating urgently  By Jack … Read more

Naga Munchetty ‘could be banned from presenting BBC breakfast segments about NatWest’

JON SOPEL, £245,000-a-year BBC salary: Jon Sopel, 60, is paid up to £245,000 a year in his role as the broadcaster’s North America Editor, covering all aspects of US news including politics, policy and business. But the presenter last year sparked a conflict of interest row after accepting tens of thousands of pounds from the biggest bank … Read more

Natwest customers slam bank’s poor branches and overdraft services

Natwest customers slam bank’s poor branches and overdraft services as they rate it one of the worst for service By Lucy White For The Daily Mail Published: 21:50 BST, 17 August 2020 | Updated: 21:50 BST, 17 August 2020 Natwest’s customers have rated it as one of the worst banks, calling out its poor branches … Read more

Tate art galleries axe 300 staff from shops and cafes while Natwest cuts 500 roles

Hundreds of job cuts have been announced at Tate galleries and Natwest today after Rishi Sunak warned of an employment crisis on the first official day of recession. More than 300 shop and cafe workers at four Tate galleries are set to be made redundant and 500 roles at the banking giant are also set … Read more

JEFF PRESTRIDGE: Robots, it appears, have taken over the NatWest asylum

JEFF PRESTRIDGE: Robots, it appears, have taken over the NatWest asylum – it’s the banking equivalent of R2-D2 on steroids By Jeff Prestridge for The Mail on Sunday Published: 21:54 BST, 18 April 2020 | Updated: 22:25 BST, 18 April 2020 Royal Bank of Scotland – owner of NatWest – may have won some plaudits … Read more

STOCK MARKET WATCHLIST: Will coronavirus take its toll on Ministers’ NatWest sale?

STOCK MARKET WATCHLIST: Will coronavirus take its toll on Ministers’ NatWest sale? By Jamie Nimmo For The Financial Mail On Sunday Published: 23:46 GMT, 7 March 2020 | Updated: 23:46 GMT, 7 March 2020 The Government could clearly do with some spare cash to help deal with the coronavirus crisis. Luckily, there’s a Budget this … Read more