Taxpayer no longer majority NatWest shareholder
The Treasury sells £1.2bn of shares back to NatWest Group after it bailed out the bank in 2008. …
However, Ms Streeter said in the depths of the financial crisis, the bailout was “considered to be the price to pay for protecting the wider economy from severe repercussions, which at the time was feared could bring the banking system crashing down, causing even further damage to the economy”.
About The Author
