UK Government Completes NatWest Exit After 17 Years

1 min read
Source: BBC
UK Government Completes NatWest Exit After 17 Years
Photo: BBC
TL;DR Summary

The UK government has sold its final shares in NatWest, marking the end of a 17-year period since its bailout during the 2008 financial crisis, which was aimed at saving the economy from the collapse of major banks like RBS. Despite the bank's troubled history and the long duration of government ownership, experts believe that banking regulations and resilience have improved, reducing the likelihood of future taxpayer-funded bailouts, although new risks like cyberattacks remain significant.

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