UK government plans to sell NatWest stake to retail investors, aiming for private ownership by 2025-2026.
The UK government plans to sell a portion of its stake in NatWest to retail investors this summer, as part of its effort to return the bank to private ownership by 2025-2026. The government currently holds a 33% stake in the bank, which it bailed out for nearly £46 billion during the global financial crisis in 2008. The sale aims to support the development of a savings and investment culture, as well as the UK's wider capital markets.
March 06, 2024
8 Articles