Royal Bank of Scotland

Royal Bank of Scotland, now part of the larger NatWest Group, seems to be navigating a complex landscape. While recent news paints a picture of financial success, with a reported £6.2 billion profit haul, the bank is also facing scrutiny and criticism on several fronts.

On one hand, NatWest is poised to return to full private ownership, a significant milestone after years of government intervention. This suggests a return to stability and potentially renewed investment in the bank's operations. However, the news also highlights a concerning trend: the closure of 56 NatWest and RBS branches across the UK in 2025. This move, while seemingly driven by cost-cutting measures, raises concerns about accessibility for customers, particularly in rural areas.

Adding to the complexity, NatWest is facing criticism for its proposed CEO pay increase, a move that feels insensitive amidst reports of job losses and a mild contraction in the Scottish private sector. The bank's recent decision to close accounts belonging to former Liverpool star, further fuels public distrust and questions the bank's commitment to its customers.

Despite these challenges, NatWest seems determined to move forward. The opening of a new branch in Inverness and the establishment of a banking hub in Grampian are positive steps towards engaging with local communities. However, the bank must address the concerns raised by its customers and demonstrate a genuine commitment to ethical and responsible business practices. Only then can NatWest truly regain the trust and confidence of the public.