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UK Government sell shares of bailed-out NatWest for £1.1bn as stake shrinks to 55 per cent


UK Government sell shares of bailed-out NatWest for £1.1bn as stake shrinks to 55 per cent
The Government bailed out NatWest, then known as RBS, in the middle of the Global Financial Crisis (Getty Images)
Shares in NatWest are down three per cent this morning after the UK Government completed another sale of its majority stake in NatWest, crystalising losses for the taxpayer on the bailed out bank formerly known as RBS Group.
UK Government Investments, the vehicle managing HM Treasury’s investments, told the sharemarket this morning that a five per cent of total shares had been bought back by the bank for £1.1bn. ....

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Treasury sells £1bn NatWest stake at a discount


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