14th Jan 2025 11:51
NatWest Group PLC - Edinburgh, Scotland-based bank - The UK government reduces its stake in NatWest to 8.90% on Monday from 9.99%, NatWest says in a stock exchange filing on Tuesday. The UK government had owned 84% of NatWest following a taxpayer bailout of what was then Royal Bank of Scotland Group during the financial crisis of 2008 and 2009. As recently as 2018, the government held a 62% stake in NatWest, but it has been selling this down progressively since.
Current stock price: 385.60 pence, up 1.0% on Tuesday
12-month change: up 82%
By Tom Budszus, Alliance News slot editor
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