Government sells final NatWest shares 17 years after bailout

NatWest, which was previously called RBS, has returned to private ownership for the first time since it was bailed out - (PA Wire)

The government has sold its remaining shares in NatWest, finalising the bank's return to private ownership for the first time since it was bailed out during the 2008 financial crisis.

The Treasury has been a stakeholder since NatWest, formerly known as RBS, received almost £46 billion of funding in 2008 and 2009.