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Insider UK
Insider UK
Business
Henry Saker-Clark & Peter A Walker

UK Government sells £1.26 billion of NatWest stake

The UK Government has sold £1.26bn of its stake in NatWest back to the banking group which includes the Royal Bank of Scotland.

It is the latest in a series of stake sales by UK Government Investments, as the state seeks to reduce its shareholding in the bank, following its near £46bn bailout during the 2008 financial crisis.

The latest sale will bring the minority stake down to 38.69%, from around 41%.

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