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The Guardian - UK

Business

Mark Sweney and Kalyeena Makortoff

UK government sells £1.26bn of NatWest shares, taking stake below 40%

NatWest United Kingdom HM Treasury

The UK government’s sale takes its stake in NatWest to less than 40%. Photograph: Belinda Jlao/Sopa Images/Rex/Shutterstock

The UK government has sold a £1.26bn stake in NatWest, taking the state’s shareholding below 40% for the first time since the bank’s emergency bailout in 2008.

It marks the sixth block sale of NatWest shares since the financial crisis, and brings the government one step closer to returning NatWest to full private ownership.

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