NatWest Group Plc stock price slides as oil shock upends UK rate-cut bets
NatWest Group shares fell 2.55% to 573 pence Thursday as rising oil prices hit UK bank stocks and dampened hopes for a near-term Bank of England rate cut. The FTSE bank index dropped 4.8%. NatWest recently agreed to buy Evelyn Partners for £2.7 billion and reported 2025 pretax profit of £7.7 billion, but analysts warn higher energy costs and delayed rate cuts could pressure profits.