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Evening Standard

Business

Anna Wise

NatWest sees Government overtaken as biggest shareholder after 16 years

NatWest Paul Thwaite

NatWest Group has appointed Paul Thwaite as its permanent chief executive (Alamy/PA) -

The Government is no longer the biggest shareholder in NatWest, marking a shift in the bank’s future more than 16 years after being bailed out by taxpayers.

NatWest said the Government’s shareholding fell below 6% on Friday.

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