Natwest profits soar but customers withdraw £1bn as cost of living and tax bills bite

Natwest has beaten profit expectations during the first three months of this year. NatWest Group, which includes Royal Bank of Scotland and Ulster Bank, recorded a pretax profit of £1.8bn in the three months ending 31 March. The total comes in ahead of analysts’ expectations of £1.6bn for the quarter and ahead of the £1.2bn during [...]