Category: NatWest Group

Government sells final shares in NatWest 17 years after £45bn bailout

Sale ends state ownership of the banking group, then known as Royal Bank of Scotland, after 2008 rescue The UK has sold its final shares in NatWest Group, ending 17 years of state ownership since the £45bn taxpayer bailout that...

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NatWest takes £24m hit from abandoned ‘Tell Sid’-style campaign

Bank left with costs from Sir Trevor McDonald-fronted campaign after early election halted rolloutBusiness live – latest updatesNatWest was forced to spend £24m on the former Conservative government’s aborted “Tell Sid”-style...

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Jeremy Hunt to announce UK government sale of NatWest shares

State’s one-third share in the bank, now worth about £6.7bn, is left over from the 84% holding taken during the 2008 financial crisisThe UK government will look to raise as much as £3bn-£4bn from selling a chunk of its shares in...

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