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United Kingdom · Question · Written question

HL HL9693

NatWest

answeredUnited Kingdom· UK Parliament· EN

Introduced

25 July 2023

Last action

8 August 2023 · Answer

Status

Answered

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Discovery layer

Source updated

8 August 2023

Summary

To ask His Majesty's Government what guidance, if any, they give to the management of NatWest about their expectations, in managing their 38.6% shareholding in that company.

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Timeline

  1. 25 July 2023

    Written question

    To ask His Majesty's Government what guidance, if any, they give to the management of NatWest about their expectations, in managing their 38.6% shareholding in that company.

    Source: Lords

  2. 8 August 2023

    Answer

    The Government’s 38.6% shareholding in NatWest Group is managed at arm’s length and on a commercial basis by UK Government Investments (UKGI). UKGI’s role is to manage the shareholding, not the bank itself. As a shareholder in NatWest, the government does...

    Source: Written answer

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