Leading bookies and the British gambling community are said to be ‘Desperate’ to learn if the long-awaited independent report commissioned by NatWest into whether it has become ‘More helpful’ will show the bank has become less helpful.
William Hill spokesman Tim Maguire said the odd were 999:1 for a resounding ‘No’ as everyone knows it won’t lend any money and it has significantly increased the APR on all loans and credit cards. ‘If the report find in the Bank’s favour then we will make a fortune, but since the report is completely independent of NatWest it’s sure to cost us big-time.’
Compulsive gambler Brian McGinley agrees with Maguire’s analysis ‘I asked NatWest for a £10,000 loan to bet on the answer being ‘No’ but they turned me down, and you can’t have more conclusive proof than that can you? In the end I re-mortgaged and put my life savings on the answer being ‘No’, and then I’ll more than double my bet of £150,000. It’s a sure winner.’
NatWest, which is part of the universally despised RBS Group, suggested the decision may be closer than expected. Spokesman Alan Fieldhouse said ‘It’s all down to the definition of ‘Helpful’ really, I mean does it refer to lending money to individuals and businesses and not hiking-up rates to borrowers, or does it refer to the fact we make our staff wear name badges and offer cups of tea to pensioners?’