Natwest Share Discussion Threads

[delphiman] 18/2/2022 09:43

£2.0m is chump change to a bank

[qantas] 18/2/2022 07:54

NatWest faces a £2.0m damages claim after a senior worker who lost her job while going through treatment for bowel cancer won her unfair dismissal case. A London employment tribunal rejected the banking giant's argument that 44-year-old compliance officer Adeline Willis's £160,000-a-year job had been made redundant, ruling that her dismissal had instead been "tainted with discrimination". - Telegraph

[coxsmn] 18/2/2022 07:52

Results don't disappoint.

[delphiman] 18/2/2022 07:50

inflation trivialises debt, so I would say so.

[johnwise] 18/2/2022 07:48

Is the government conspiring to create inflation?

This is that the government is doing nothing to really ease inflation. Worse, it may actually be stoking inflation in pursuit of its own policy agenda.

I am aware that this might sound a bit like a conspiracy theory. It may also credit the government with more ability than it is reasonable to suggest it enjoys, but there are a number of reasons why I think that this argument may be appropriate.

As I noted in The National when discussing current causes of inflation:

[johnwise] 18/2/2022 07:40

NatWest faces £2m reparations for unfair dismissal of employee with cancer

Adeline Willis's dismissal was 'tainted with discrimination'

NatWest faces a £2m damages claim after a senior worker who lost her job while going through treatment for bowel cancer won her unfair dismissal case.

[polar fox] 18/2/2022 07:36

I like the fact that the final outcome is larger than the 9p or so expected, with a possible special. It provides a bigger base for the future size of ordinary dividends, hopefully.

Payable - 4 May

XD - 17 March

[smurfy2001] 18/2/2022 07:19

10.5p dividend total for the financial year. I’m pleased.

[smurfy2001] 18/2/2022 07:18

- A final dividend of 7.5p is proposed and we intend to commence an ordinary share buy-back programme of up to GBP750 million in the first half of the year, taking total distributions deducted from capital in the year to GBP3.8 billion.

- We intend to maintain capacity to participate in directed buybacks of the UK Government stake, recognising that any exercise of this authority would be dependent upon HMT's intentions and is limited to 4.99% of issued share capital in any 12-month period.

- We will consider further on-market buybacks, in addition to the GBP750 million announced today, as part of our overall capital distribution approach as well as inorganic opportunities provided they are consistent with our strategy and have a strong shareholder value case.

- We intend to maintain ordinary dividends of around 40% of attributable profit and to distribute a minimum of GBP1 billion in each of 2022 and 2023 via a combination of ordinary and special dividends.

[ttny2004] 18/2/2022 07:11

7p final dividend in this mornings results

[stewart_25] 17/2/2022 15:46

I'm guessing divi at 4p - simply due to the 4p drop today. i guess we will see tomorrow

[smurfy2001] 17/2/2022 15:27

Looking forward to dividend news tomorrow.

[xamf] 17/2/2022 14:18

Delphiman/Johnwise - and this is specifically relevant to NWG because . . .
I agree with your some of your sentiments but posting unrelated news alienates folk who are (quite surprisingly) here to focus on NWG.

[delphiman] 17/2/2022 08:22

its also folly to think that we will ever leave this planet and populate others as the nearest star is about 4.24 light years away from earth and that's 186,000 miles per second, so there is the distance that's unachievable, and that's assuming that solar system had a planet that could support life, there is the radiation issue, the the earth nicely deflects with its magnetic poles, if it wasn't for them we would all be dead now, there is the 28 day cycle the moon takes bringing enough change to allow all types of life giving us all types of food and don't forget women here and birth, its linked to the moon cycles, without the earths gravity, bone density in humans depletes, the heart pumps differently and your body expands about 2 further inches, your face swells up, your muscles waste. and traveling at such speeds in space to eventually get anywhere would mean that just any dust particle, tiny bit of rock, debris hitting your ship at such speeds would be like detonating a nuclear bomb on your ship, then you have the logistics of getting there, fuel storage, oxygen storage, food storage, in short unless we are able to time travel, bend space or pass through a wormhole which are all hypothetical things then this is the only planet we have and we better start looking after it or the story of the fruit flies in a jar with an orange who eventually keep producing and producing until the orange cannot be seen anymore and they extinct themselves will the the story of humans, and every other life form on this planet will also die due to our actions along with us.

[delphiman] 17/2/2022 08:09

as far as I can see, Boris sanctioned about 130 new oil drilling licenses, and the way we reduce our carbon footprint is buying foreign fuels, all just loop holes in the carbon footprint for a country, like drax power station, puts about 25% of the uk's pollution into the air, its carbon foot print has dropped to about 5% now since we buy the fuel from china in the form of compressed pellets, it still produces the same amount of smoke it ever did except china gets the carbon debt except us, all a fudging of figures

[johnwise] 16/2/2022 20:59

15 February 2022

'Worst-case' climate predictions of a 9F rise in global temperatures by the end of the century are 'no longer plausible': Study finds we've already done enough to reduce carbon emissions to avoid those extreme scenarios

[polar fox] 16/2/2022 07:08

CPI just a tenth up at 5.5%, RPI up to 7.8%.

That RPI figure for January is used to fix the annual increase for the Group Pension Fund, effective from April. However, there is a cap of 5%, so pensioners will receive 5%.

[johnwise] 15/2/2022 08:45

NatWest and RBS closures: Full list of banks closing with 32 UK branches to shut

The lender has revealed this will affect 21 NatWest branches as well as eleven Royal Bank of Scotland (RBS) branches.

The closures include sites in Manchester, Leeds, Hull and Twickenham – with the full list revealed below.

[johnwise] 15/2/2022 08:34

The New Lefty Buzz Word "Sustainable"

Another bank falls for the scam too bring down capitalism in the West


NatWest pledges £100bn of Climate and Sustainable Funding and Financing

A report published today by NatWest sets out the potential opportunity that exists for the UK economy from the transition to net-zero, finding that SMEs could create up to 130,000 new jobs, produce around 30,000 new businesses and result in an estimated £160 billion opportunity for the UK economy. The report finds that there is a significant opportunity for the UK to be a global leader in the transition to net-zero.


The evidence - global warming isn't happening..


Video: Mark Levin sussed the government scam
The truth about global warming


VIDEO: A Dearth of Carbon Dr. Patrick Moore


VIDEO: How Fossil Fuels are Greening the Planet

[polar fox] 14/2/2022 11:20

This 1% has taken a month, so they ought to be able to get it below 50% next month, comfortably in time for the AGM.

[johnwise] 14/2/2022 07:17

"Why Banning Fossil Fuel Investment Is A Huge Mistake"

The fools have no idea what they are fooling around with.

Soon after oil production begins to decline, for any reason, the world economy has to begin to shrink from less transportation service being available. That is the physics that it takes energy to do transportation work. For a long time yet, oil products will be the cheapest option to provide that transportation energy. Oil products move just about everything that gets moved, including all your food.

A shrinking economy is called a recession. A constantly shrinking supply of oil will make the recession transform into a financial collapse, as more and more debts cannot be serviced. I guarantee that will take down the entire financial system causing a crisis more severe than anything ever seen since the Industrial Revolution began.

Today oil is like electricity. Without oil or electricity, billions of people will literally starve to death within 6 weeks.

It is impossible to replace oil products in time to prevent the collapse. Electrification of transport, mining, and farming would take several decades. A transportation shortage, and subsequent depression will take down the banks a lot faster than that.

Don’t say you weren’t warned. Remember 2008? That was nothing compared to having less and less oil from lack of investment in oil infrastructure and exploration.


The evidence - global warming isn't happening..


Video: Mark Levin sussed the government scam
The truth about global warming


VIDEO: A Dearth of Carbon Dr. Patrick Moore


VIDEO: How Fossil Fuels are Greening the Planet

[johnwise] 14/2/2022 07:15

HSBC, Barclays among banks financing most oil and gas expansion as pressure on ESG ramps up
ShareAction is calling on investors to use their shareholder rights to demand that banks implement policies to restrict oil and gas expansion. in the upcoming AGM season

[smurfy2001] 13/2/2022 21:40

Analysts are predicting a profit of around £4billion for 2021, a dramatic swing from the £351million loss suffered in 2020, although revenues are expected to dip slightly to £10.7billion from £10.8billion.

The dividend, as always, will be a key point of interest when the results are announced, with predictions of a final payment of 5.7p and a 0.5p special dividend on top, taking the total payout for the year to 9.2p per share, equivalent to around £1billion.



Meanwhile, the ongoing rise in interest rates will give shareholders confidence that NatWest's profits will increase further as it rakes in more income from consumer borrowing.

[polar fox] 13/2/2022 21:35

I just noticed the Annual Results have been brought forward to this coming Friday, the 18th - they were still scheduled for the 25th when I checked not long ago.

While I'm posting, NWG and LLOY sold off some Friday afternoon in NY, see charts above. And the FTSE is well down on Friday this evening, according to IG's weekend trading.

[johnwise] 13/2/2022 08:11

State pension age ‘to soar past 70 as axe falls
on triple lock’



New warning on Sunak’s ‘horror’ 55% pension tax - even MORE will get caught from April



New inheritance tax danger - 'HMRC forced us to pay IHT on assets
worth NOTHING'