The 33% jump in profits to £5.1 billion, the best since 2007 when it was called Royal Bank of Scotland, is likely to attract attention alongside the rise in executive pay amid a cost-of-living crisis squeezing many bank customers.
NatWest set aside £377 million to deal with future bad debts, but says so far businesses and consumers are coping well with tricky economic conditions.
“People are managing well but they are stressed. It is a high anxiety time,” Rose, right, told the Standard.
While Rose is regarded as a skilled and politically adept CEO her pay may attract attention.
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