Government cuts NatWest stake below 20% after latest share sale
The Government’s stake in NatWest Group has dropped to below 20% for the first time since the bank was nationalised in the 2008 financial crisis. A stock exchange announcement on Monday confirmed that the Treasury’s stake in the bank is now 19.97%, down by a little under one percentage point. NatWest received several multibillion-pound bailouts during the financial crisis in 2008 and 2009, leaving the Government with an 84% stake […]
