JOURNAL ARTICLE

UK Fully Divests Its NatWest Stake, 17 Years After Bailout.

  • Published In: Bloomberg.com, 2025. P. N.PAG 1 of 3

  • Database: Business Source Ultimate 2 of 3

  • Authored By: Shaw, William 3 of 3

Abstract

The article discusses NatWest Group Plc's return to full private ownership, marking the end of government involvement nearly seventeen years after a bailout during the financial crisis. The UK government had previously owned up to 84.4% of the bank, which was formerly known as the Royal Bank of Scotland, and has sold its final stake, resulting in a loss of approximately £10.5 billion on the £45.5 billion bailout. The Chancellor highlighted the government's decision to intervene as crucial for protecting savers and businesses, while the bank's chairman expressed gratitude for the support that helped stabilize the banking system during a global crisis. [Extracted from the article]

Additional Information

  • Source:Bloomberg.com. 2025/05, pN.PAG
  • Document Type:Article
  • Subject Area:Diplomacy and International Relations
  • Publication Date:2025
  • Accession Number:185602114
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