NatWest profit jumps as cost-of-living crisis looms
LONDON, April 29 (Reuters) – British lender NatWest (NWG.L) posted a 41% jump in first-quarter profit on Friday, as rising rates boosted income even as they threaten to further squeeze household incomes. While banks have benefitted from the end of COVID-19 lockdowns and higher benchmark rates, NatWest CEO Alison Rose said she was “very aware of the […]