NatWest shares plunge after warning on rising costs
NatWest’s shares fell as much as 9% on Friday after the British bank warned of rising costs, and as its third-quarter results were hit by a deteriorating UK economic outlook that prompted an increase in bad debt provisions.
Royal Mail to change name, could separate underperforming UK business
Royal Mail (RMG.L) said it would rename its holding company International Distributions Services Plc and could separate its UK business, where its workforce is set to strike over pay, if its performance doesn’t improve.
