Overview
- NatWest spent £24m on an aborted Conservative government campaign to privatize its shares.
- The bank reported a 16% decline in pre-tax profits for the first half of 2024.
- NatWest's acquisition of Metro Bank's mortgage book adds approximately 10,000 borrowers.
- The new Labour government has yet to decide on reviving the retail share sale plans.
- NatWest's customer confidence is rising, with increased savings deposits and lending activity.