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UK bank NatWest posts bumper profits but shares tank
UK bank NatWest posts bumper profits but shares tank
Business and Economy
by  AFP

British bank NatWest on Friday posted a jump in annual profits as it trimmed costs and the sector benefitted from rising interest rates. There is also a fear that the sector could face a surge in bad loans with Britain facing a cost-of-living crisis as UK annual inflation remains above 10 percent despite recent easing.