NatWest Shares Slip as Bank of England Rate Hold Clouds Margin Outlook
NatWest Group shares fell about 0.9% to 635 pence in Friday morning trade, underperforming the wider market as investors reassessed the path for UK interest rates. Delayed quote data showed a bid-offer spread of 635.2 pence to 635.4 pence. That matters more for NatWest than for many FTSE 100 companies. The group is focused heavily on UK retail and commercial banking, leaving its earnings sensitive to the domestic economy and net interest margin — the gap between what a bank earns on loans and pays depositors.
