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LONDON BRIEFING: NatWest promises GBP3 billion distributions in 2021

LONDON BRIEFING: NatWest promises GBP3 billion distributions in 2021 Fri, 30th Jul 2021 08:24 (Alliance News) - NatWest Group on Friday posted a swing to first half profit, helped by an impairment release. The Edinburgh-based bank posted total income of GBP5.32 billion in the first half of 2021, down 8.9% from GBP5.84 billion a year earlier. It swung to a pretax profit of GBP2.51 billion from a GBP770 million loss a year earlier. Profit was boosted by a net impairment release of GBP707 million, contrasting with a hit of GBP2.86 billion taken a year earlier. While we see the potential for a more rapid recovery, we will continue to take an appropriate and conservative approach as the government schemes wind down and the economy reopens, Chief Executive Alison Rose commented.

IN BRIEF: Edenville loss narrows, notes improving Tanzania backdrop

IN BRIEF: Edenville loss narrows, notes improving Tanzania backdrop
lse.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from lse.co.uk Daily Mail and Mail on Sunday newspapers.

FTSE Gains, Pound Expected to Rise Even With Covid-19 Risks

FTSE Gains, Pound Expected to Rise Even With Covid-19 Risks
morningstar.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from morningstar.com Daily Mail and Mail on Sunday newspapers.

FTSE Gains, Pound Expected to Rise Vs Euro on BOE Tapering

FTSE Gains, Pound Expected to Rise Vs Euro on BOE Tapering
morningstar.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from morningstar.com Daily Mail and Mail on Sunday newspapers.

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