Jeremy Hunt to announce UK government sale of NatWest shares

Jeremy Hunt to announce UK government sale of NatWest shares
By: The Guardian Posted On: February 28, 2024 View: 10

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 NatWest bank to the public in a measure expected to be announced by the chancellor in his budget next week.Jeremy Hunt said in his autumn statement last year that he would “explore options” for a retail offering of part of the state’s remaining one-third share in the bank, now worth about £6.7bn. Continue reading...

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