Business · 24 July 2026
NatWest gave up to £250 million to a consumer lender before it collapsed
London-based Amplifi Capital, which offered personal loans with interest rates reaching 50%, went into insolvency last month. Corporate filings show NatWest bought debt from a separate company set up to fund Amplifi's growth between 2023 and 2025. The Bank of England is now looking into whether failures at these alternative finance firms could hurt the broader banking system.
Reported by Reuters · How we write briefs