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Evening Standard
Evening Standard
Politics
Anna Wise

Why was NatWest rescued in 2008 and what has changed for the bank in that time?

NatWest – which was branded RBS at the time – received almost £46 billion of taxpayer funding (NatWest Group/PA) -

The Government has offloaded its stake in NatWest, 17 years after swooping in to rescue the bank when it was on the brink of collapse.

At its peak in 2008, the Government had an 84.4% shareholding in the group, and did not start selling shares until 2015.

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