Natwest Share Discussion Threads

[hamhamham1] 13/2/2022 08:06

Nice write up in the Sunday Times today about the big 4 and looking optimistic here, I reckon with all the share buy backs, the share price here will double in a few years.

[smurfy2001] 11/2/2022 12:28

How Alison Rose is reinventing Natwest: £1bn pledge to fight fraud over next five years as bank goes eco-friendly

[smurfy2001] 10/2/2022 14:08

10 Year almost at 2%.

[polar fox] 10/2/2022 13:59

US CPI up from 7% to 7.5%, more than expected. Pressure on the Fed increasing to get moving, in turn increasing the likelihood of another rise here in March. People buying the banks some more therefore.

[smurfy2001] 08/2/2022 17:28

So much scare tactics on minor rises.

[delphiman] 08/2/2022 17:18

Everyone is maxed out with debt, the BOE are scared to death to move interest rates because of it, but now they are having to, Dark times for the public are coming.

[delphiman] 08/2/2022 17:16

High Interest rates also leads to a lot of defaults on mortgages and potentially a housing market crash.

[smurfy2001] 08/2/2022 16:43

250p a tough nut.

[smurfy2001] 08/2/2022 11:49

No point looking comparing share prices NWG has billions less shares in issue.

[delphiman] 08/2/2022 10:47

when has RBS/NWG been 40-50p in-front of Barclays on the share price, its always been 30p ish.

[netcurtains] 08/2/2022 10:47

high-interest rates often lead to UK banks getting windfall profits.

[delphiman] 08/2/2022 10:45

Strange isn't it,
we will stop things from going up buy putting the interest rate up as well.
less and less money for everyone, more and more for the government.
The preferential share dividends and the government's sale of shares equates to more money than the pandemic cost, we should not really need to suffer any tax increases, in-fact we should receive a rebait, I see all news of this been the taxpayer's bank when they want to keep the money from the sale suddenly doesn't get a mention anymore.
they want you to forget you own a bank and sell it without giving you anything for the hard times you suffered supporting it.

[smurfy2001] 03/2/2022 12:07

0.25% rise in rates, sure there will be another rate rise as inflation heads toward 7%.

[smurfy2001] 31/1/2022 18:06

Bank of England poised to raise interest rates as high inflation takes toll
City economists expect increase from 0.25% to 0.5% on Thursday amid cost of living crisis

[johnwise] 28/1/2022 07:57

The BOE needed to get ahead of inflation and it hasn't. Playing catch up is always far more difficult. Like households the government is going to have to accept that it has less money to spend. It cannot simply raise taxes in perpetuity..

Foreign aid farce as Britain's aid to India RISES by third and UK will still send millions to China - despite foreign aid budget cuts

[delphiman] 24/1/2022 14:13

At the minute if Boris is ousted, then lockdown, selling government shares in banks, the way we trade with other countries etc etc is all thrown up in the air, all this uncertainty because Buffoon Boris decided one rule for him and another for them, I personally trashed all my Christmas plans with relatives because of what he said.
He's become an embarrassment to the country and his party.
His antics are now trashing the Economy and the market if reflecting that.

[johnwise] 23/1/2022 07:43

VIDEO

Beware of Bank Bail-Ins - A Bail Out Using Your Money

[smurfy2001] 19/1/2022 12:10

Good stuff.

[polar fox] 18/1/2022 18:11

From today's RNS:

The Company announces that, following the purchase of these shares, the share buy-back programme announced on 2 August 2021 has completed. Since the commencement of the buy-back programme, the Company has repurchased for cancellation 340,537,460 Ordinary Shares at a volume weighted average price of 220.0199 pence per Ordinary Share for a total consideration of £749,250,031.13.
unquote
Thank heavens for that!

[johnwise] 18/1/2022 09:14

"This could be a warning for other banks investing in Communist China"

VIDEO

First Bank Hit By Evergrande & China's Housing Bubble Bursting

[delphiman] 18/1/2022 08:33

Even when NWG is less than 50% owned by the government, it doesn't mean they no longer have controlling interest as its very unlikely that you could get every single voter to vote against them, you really would be looking at the government owning just 30% before they start to lose real ability and even then they will still pack a significant punch.

[delphiman] 18/1/2022 08:29

With a further 50% Ceiling Cap rise in April, I spoke to a person at Bulb, they said the Government has bailed them out until April where it expects the Ceiling Cap Rise to allow them to be a profitable business again and come out of Administration.
so if your with Bulb expect a further 50% rise on top of the ceiling your already paying which is around £2000 a year so your next years bills will be £3000 a year.
Thanks Boris :(

[johnwise] 17/1/2022 13:10

UK: Highest level of taxation since the war, lowest level of pay increases in the past decade since the 1930s, ten years of austerity whilst tripling the national debt, life expectancy rate actually going down, child poverty up a third,More people sleeping on the streets than ever. No VAT cut on fuel as promised, not honouring triple lock but pay increase for MPs.....yes Tories sure are the party of financial competence..


The £3,000 big squeeze: Household bills ‘will be unaffordable for a QUARTER of Britons’ as they soar by almost double last month's forecast and experts warn of 'Awful April' for families.

[delphiman] 17/1/2022 08:42

It would also be nice for us to see some return from the profits NWG made the government as apparently it was the Taxpayers bank, well the tax payer wasn't allowed a dividend but the government had preferential shares which paid them dividends every year, year on year when we were denied and since they have been selling the shares, where is our money, I believe it to be the Tax Payers bank surely they haven't taken our money and just kept it all without us having a tax break. the money in this bank more than pays for the cost of the pandemic in the UK, and plenty of spare change, be nice to have some of it back now so we can actually have a drink on us finally.
and I say us and not the government as the actual money came from us.