Treasury recovers £248m as it reduces its holding in Natwest from 53.96% to 52.96%










Natwest has been majority-owned by the taxpayer since it was bailed out during the financial crisis

Since the financial crisis, Natwest was majority owned by taxpayers

The Treasury has recovered another £248million after selling a fraction of its stake in Natwest.

According to stock market filings, the Government reduced its bank holdings from 53.96 percent to 52.96% on Friday.

Natwest has been majority-owned by the taxpayer since it was bailed out during the financial crisis, for £46billion.

The original 84.4 Percent stake held by the Government in Natwest. After selling large amounts of shares, in 2015, 2018, and earlier in this year, it has now lost billions of Pounds.

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