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Evening Standard
Evening Standard
Business
Graeme Evans,Michael Hunter,Simon Hunt and Daniel O'Boyle

FTSE 100 Live 16 February: Best day of year as index closes up 1.5%, US inflation setback

NatWest

The new boss of NatWest today unveiled a £6.2 billion profits haul as the lender prepares for a major sale of its shares back to the public.

Alongside the better-than-expected results, the bank confirmed Paul Thwaite as permanent chief executive.

Elsewhere, retail sales figures provided much-needed cheer after yesterday’s GDP reading meant the UK entered recession.

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