30% UK government stake in NatWest Group falls for the first time since 2008 financial crisis.
The UK government's stake in NatWest Group has fallen below 30% for the first time since the bank's nationalisation during the 2008 financial crisis. The government's stake now stands at 29.82%, marking a small reduction but a significant milestone in the bank's return to private ownership. NatWest Group, which also owns Royal Bank of Scotland (RBS) and Coutts, was nationalised in 2008 and 2009, with the government taking an 84% stake in the company.
March 25, 2024
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