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Share Price: 317.80

Bid: 317.30

Ask: 317.40

Change: 0.80 (0.25%)

Spread: 0.10 (0.032%)

Open: 317.80

High: 320.30

Low: 316.00

Prev. Close: 317.00

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PRESS: NatWest picks former Centrica chair as new chair - Sky News

Wed, 06th Sep 2023 13:18

(Alliance News) - Rick Haythornthwaite, former chair of British Gas-owner Centrica PLC, will succeed Howard Davies as chair of NatWest Group PLC, Sky News reported on Wednesday.

Citing "City sources", Sky News said Haythornthwaite is being lined up as the new chair of the state-supported lender in the wake of the row over the de-banking of UK politician Nigel Farage.

Sky News said an official announcement could come as early as Wednesday.

https://news.sky.com/story/haythornthwaite-lined-up-to-replace-davies-as-natwest-chairman-12955949

Haythornthwaite is currently chair of Ocado Group PLC and was previously chair of Centrica and Network Rail Ltd.

In July, NatWest appointed a new chief executive officer, Paul Thwaite, replacing Alison Rose who admitted she had made a "serious error of judgment" when she discussed Farage's relationship with private bank Coutts, owned by NatWest Group, with a BBC journalist.

By Heather Rydings, Alliance News senior economics reporter

Comments and questions to newsroom@alliancenews.com

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6 Mar 2024 14:40

UK BUDGET: Some tax cuts but vapes, tobacco and non-doms targeted

(Alliance News) - A cut to national insurance, stamp duty relief as well as a freeze on fuel and alcohol duties were among the marquee tax measures that UK Chancellor Jeremy Hunt announced in his budget on Wednesday.

6 Mar 2024 13:25

UK BUDGET: Chancellor promises tax cuts ahead of UK general election

(Alliance News) - UK Chancellor Jeremy Hunt, who has faced pressure from fellow Tory politicians to ease a record-high tax burden, announced tax cuts on Wednesday, as expected, as he seeks to woo voters ahead of this year's general election.

1 Mar 2024 15:06

London close: Stocks start the month with positive close

(Sharecast News) - London's financial markets finished in positive territory on Friday, with investor sentiment buoyed by the recent easing of inflation in the United States, as market participants mulled the latest manufacturing data from the UK.

1 Mar 2024 12:10

eEnergy shares surge on 18-month recovery and NatWest funding

(Alliance News) - eEnergy Group PLC on Friday announced an "exciting" funding deal with NatWest Group PLC, and expects to report GBP46 million in revenue for its latest year and a half.

1 Mar 2024 08:15

IN BRIEF: National Bank of Australia CEO Ross McEwan to join BHP board

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22 Feb 2024 09:59

CORRECT: Lloyds profit rises but books GBP450 million probe provision

(Correcting sum of Lloyds Banking Group PLC's final dividend.)

22 Feb 2024 08:24

TOP NEWS: Lloyds profit rises but books GBP450 million probe provision

(Alliance News) - Lloyds Banking Group PLC on Thursday reported an annual profit surge and announced a new share buyback, though it said it has booked a provision in connection to a UK watchdog probe on historic motor finance arrangements.

20 Feb 2024 16:52

LONDON MARKET CLOSE: Pound boosted after BoE's Bailey talks rate cuts

(Alliance News) - Stock prices in London closed lower on Tuesday, whilst the pound bounced back, after the Bank of England's Andrew Bailey talked interest rate cuts.

20 Feb 2024 11:57

LONDON MARKET MIDDAY: Banking stocks drag FTSE 100 into green

(Alliance News) - Stock prices in London were mixed at midday Tuesday, after a busy morning of corporate updates and earnings.

20 Feb 2024 09:40

LONDON BROKER RATINGS: JPMorgan cuts Airtel Africa price target by 28%

(Alliance News) - The following London-listed shares received analyst recommendations Tuesday morning and Monday:

20 Feb 2024 08:52

LONDON MARKET OPEN: Stocks slide; banks rise as Barclays outperforms

(Alliance News) - Stock prices in London opened in the red on Tuesday, as European markets failed to find upward momentum amid muted trading in Asia, and Monday's public holiday in the US.

19 Feb 2024 16:51

LONDON MARKET CLOSE: Europe lacks direction on quiet Monday

(Alliance News) - European markets lacked direction on Monday, after a quiet day as the US markets celebrated George Washington's birthday.

19 Feb 2024 10:29

IN BRIEF: NatWest starts GBP300 million share buyback programme

NatWest Group PLC - Edinburgh-based bank - Starts share buyback programme of up to GBP300 million with a nominal value of around GBP1.08 per share. The programme will run until maximum July 18. The maximum amount of shares NatWest will buy back is around 696.7 million. NatWest had previously announced the share buyback programme last week Friday when it released its 2023 results.

19 Feb 2024 09:24

LONDON BROKER RATINGS: UBS cuts Howden Joinery; Jefferies likes SSE

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16 Feb 2024 16:51

LONDON MARKET CLOSE: FTSE 100 jumps on hotter-than-expected US PPI

(Alliance News) - Stock prices in London closed higher on Friday, finishing the week on a positive note, as investors digest the latest set of US inflation data.

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