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United Kingdom · Report · Written statement

UIN HCWS801

Financial services update

publishedUnited Kingdom· UK Parliament· EN

Introduced

23 May 2023

Last action

23 May 2023 · Written statement

Status

Commons

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Discovery layer

Source updated

23 May 2023

Summary

I can inform the House that on 22 May 2023 the government sold c.469m shares in NatWest Group (NWG, formerly Royal Bank of Scotland) to NWG by way of a directed buyback transaction. The transaction value amounts to approximately £1.26bn, representing appr...

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Timeline

  1. 23 May 2023

    Written statement

    I can inform the House that on 22 May 2023 the government sold c.469m shares in NatWest Group (NWG, formerly Royal Bank of Scotland) to NWG by way of a directed buyback transaction. The transaction value amounts to approximately £1.26bn, representing appr...

    Source: Commons

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