NatWest returns to private ownership for first time since 2008 rescue
The Government has sold its remaining shares in NatWest and confirmed a £10.5 billion loss since the bank was rescued by UK taxpayers during the 2008 financial crisis. It means NatWest, which was previously called RBS, has returned to private ownership for the first time since it was bailed out. The Treasury has been a stakeholder since the bank received almost £46 billion of funding in 2008 and 2009. To […]
