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Evening Standard
Evening Standard
Business
Simon English

Government stake in NatWest falls below 50% -- 14 years after bailout

NatWest HM Treasury Alison Rose NatWest Group

NatWest CEO Alison Rose

(Picture: PA Archive)

NATWEST took a symbolic and historic step towards being free of government control today when it bought a near 5% stake in itself from HM Treasury.

That takes the taxpayer owner control of the former Royal Bank of Scotland below 50% for the first time since it was bailed out to the tune of £50 billion in 2008.

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