NatWest’s shares jump 5% after the UK bank’s profits soar

Shares in NatWest rose by 5% after the UK bank’s third-quarter operating profits were £200 million higher than expected, reaching £1.7 billion. The increase was driven by higher lending and customer deposits, leading to the bank’s highest share price since 2015. The government decided not to sell its remaining stake in NatWest to the public, citing concerns about value for money and potential taxpayer losses.

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