Government sells tranche of shares in NatWest Group for £1.1 billion
The Government has sold another tranche of shares in taxpayer-backed bank NatWest Group for £1.1 billion, taking its stake down from 59.8% to 54.8%.
The Treasury said it sold 580 million shares in NatWest at 190p each.
NatWest has been majority owned by the taxpayer since it was bailed out for £45.5 billion at the height of the financial crisis more than a decade ago.
