UK government further reduces stake in NatWest

14th Jan 2025 12:49

(Sharecast News) - The UK government further reduced its ownership of NatWest Group on Tuesday, cutting its stake to 8.9% from 9.99%, according to a regulatory filing from the bank.

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Shore Capital favours international banks over domestics as bond yields rise

13th Jan 2025 09:02

(Sharecast News) - Shore Capital has reassessed its coverage for the UK banking sector in light of recent developments in the bond and currency markets, highlighting its preference for internationally focused lenders.

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NatWest retail banking boss Lindberg to step down next year - report

16th Dec 2024 13:28

(Sharecast News) - The boss of NatWest Group's high street branch network will reportedly step down early next year as the company prepares for a return to full private sector ownership.

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UK govt cuts NatWest stake to just under 10%

13th Dec 2024 09:24

(Sharecast News) - The UK government has cut its stake in NatWest to just under 10%, taking the bank one step closer to private ownership.

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London close: Stocks finish week on positive note

22nd Nov 2024 16:06

(Sharecast News) - London's equity markets ended the week on a high note, as investors digested an improvement in UK consumer confidence, even as other indicators such as business output and retail sales painted a more challenging picture.

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London close: Stocks maintain gains ahead of UK jobs data

11th Nov 2024 16:57

(Sharecast News) - London markets closed higher on Monday, with Croda International among the leaders after the specialty chemicals company reported a strong third-quarter sales update.

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NatWest buys back £1bn in shares from the government

11th Nov 2024 07:16

(Sharecast News) - NatWest has repurchased £1bn of shares from the HM Treasury, taking the government's stake in the banking group to just over 11%.

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NatWest strikes £11bn deal to offload pension payments to Rothesay

5th Nov 2024 13:13

(Sharecast News) - NatWest Group has struck what is thought to be the UK's biggest-ever deal to outsource pension payments to a specialist insurance company.

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London close: Stocks mixed on eve of US presidential election

4th Nov 2024 15:13

(Sharecast News) - London markets closed with mixed results on Monday, as investors prepared for a week laden with key political and economic events, including the upcoming US presidential election and anticipated policy statements in both the UK and US.

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London close: Stocks finish mixed ahead of Budget next week

25th Oct 2024 17:33

(Sharecast News) - London markets closed with mixed results on Friday as caution weighed on investor sentiment, driven by concerns over weakening consumer confidence and the forthcoming Budget.

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London close: Stocks finish lower as oil prices sink

15th Oct 2024 15:39

(Sharecast News) - London markets ended Tuesday in negative territory, driven primarily by a sharp decline in energy stocks following a drop in oil prices.

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Jefferies upgrades NatWest to 'buy' but prefers Lloyds

15th Oct 2024 12:10

(Sharecast News) - Jefferies has upgraded its recommendation for NatWest from 'underperform' to 'buy', but still rates Lloyds as its preferred stock in the UK banking sector.

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London close: Stocks slip as investors await Nvidia results

28th Aug 2024 15:00

(Sharecast News) - London stocks ended slightly down on Wednesday, with investors showing restraint ahead of crucial earnings from US chipmaker Nvidia.

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London close: Stocks finish higher amid global recovery

7th Aug 2024 16:34

(Sharecast News) - London's stock markets closed higher on Wednesday, buoyed by positive global sentiment following remarks from the Bank of Japan.

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UK govt abandons NatWest share sale; to hold Budget Oct 30

29th Jul 2024 14:24

(Sharecast News) - The UK government has abandoned a plan to sell its remaining stake in NatWest Bank to the public, said Finance Minister Rachel Reeves, who added that she would hold deliver a Budget statement on October 30.

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