NatWest today bolstered guidance and shareholder returns as the state-backed lender reported first-half profits of £1.9 billion.
The bank now expects annual underlying income of about £12.5 billion, which compares with more than £11 billion forecast in April.
Chief executive Alison Rose said the bank had a range of measures to help families and businesses as costs surge. She added: “Our strong levels of profitability and capital generation mean we are well positioned to provide this support.”
