The UK government has sold 1.26bn of NatWest shares back to the bank, which it bailed out in a near 46bn deal in 2008.The sale will reduce the taxpayer's stake in the high street bank, formerly known as the Royal Bank of Scotland Group, from 41.4% to 38.6%.Over the past decade, shares in NatWest Group, which has a market value of about 25bn, have tended to trade at barely half the average price of the bailout.
#back #years #information #temporarily #friday-night #uk-government #past-decade #privacy-policy #strategically #financial-crisis
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