8 months ago
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Ministers are exploring possible options for selling down stake in bank to retail investors
The UK government is understood to be in talks with brokers including AJ Bell and Hargreaves Lansdown to help it market shares in NatWest to retail investors as it explores possible options for selling down its stake in the bank.
The chancellor, Jeremy Hunt, said in his autumn statement last November that the government would “explore options” for selling down its remaining stake in the British banking group – currently at just below 33% – and would plan to invite the public to buy shares.
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