Education minister Jacqui Smith stated that flexible working, such as compressed hours over four days, could improve productivity in UK businesses, without mandating a four-day week.
Smith explained that flexible working allows employees to manage their hours effectively, potentially needing less childcare while enabling more time with family, ultimately promoting workforce participation.
The government has reduced its stake in NatWest from 18.99% to 17.97%, part of an effort to completely exit the holding by 2025-26 after a significant bailout.
Chancellor Rachel Reeves has facilitated the gradual sale of shares in NatWest to reduce the public stake, which has halved this year as part of a larger financial strategy.
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