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Treasury to sell off further NatWest shares worth up to £1.2bn

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Government still holds a 54.7% stake in NatWest after 2008 £46bn bailout to keep bank afloat

The Treasury has announced plans to sell off another tranche of NatWest shares over the next 12 months, as part of ongoing efforts to return the taxpayer-owned bank to private ownership.

The government, which still holds a 54.7% stake in NatWest, said it was rolling out a “prearranged trading plan” in what could mark its third sale of shares this year.

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