NatWest Group is trading at £651.40, down 5.37%, amid broad pressure on UK banks as a government bond sell-off pushed yields higher.

  • On October 1, Reuters reported NatWest shares down 5.2% and the FTSE 350 banks index down 4.1%.
  • The report cited concerns about UK finances, oil-driven inflation and possible bank taxes ahead of the budget.
  • No clear NatWest-specific announcement explains the decline; the evidence points to wider bond-yield and fiscal-risk concerns.