Finance News – U.K.
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Hubris, crisis and scandal: how the NatWest ‘soap opera’ unfolded
The government’s involvement in stabilizing the banking group during the 2008 financial turmoil eventually led to a significant public investment, culminating in the sale of its re...
Read Full Article →Government sells final shares in NatWest 17 years after £45bn bailout
The completion of the government's divestment in NatWest marks the conclusion of long-term public investment initiated during the 2008 crisis, impacting both fiscal responsibility...
Read Full Article →Taxpayers set for £10bn loss on NatWest as disgraced ex-boss takes £600k-a-year pension
The government is poised to finalize the sale of its remaining shares in NatWest, resulting in a multibillion-pound shortfall from the 2008 rescue, while the former chief receives...
Read Full Article →Revealed: British taxpayers' £10.2bn loss on bailout of RBS
The government's final sale of its remaining Royal Bank of Scotland shares is expected to solidify a substantial financial deficit for taxpayers stemming from the bank's 2008 rescu...
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