Treasury drops plan to sell NatWest shares to public Pictures: PA
Daily Express|May 27, 2024
THE Treasury's plan to sell NatWest shares to the public has been abandoned because of the General Election in July.
Tara Fair
Treasury drops plan to sell NatWest shares to public Pictures: PA

The Government confirmed that "a retail offer will not happen during the election period".

The announcement scuppers Chancellor Jeremy Hunt's plan for a sale scheme which evoked memories of Margaret Thatcher's 1980s privatisation programmes.

Labour has refused to comment on whether it would revive the plan if it takes office following the election.

Mr Hunt gave the City a boost in November by saying he was exploring options for a retail offer of NatWest's shares.

This story is from the May 27, 2024 edition of Daily Express.

Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.

This story is from the May 27, 2024 edition of Daily Express.

Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.

MORE STORIES FROM DAILY EXPRESSView All
WE CANNOT FORGET THE SUFFERING
Daily Express

WE CANNOT FORGET THE SUFFERING

Zabarnyi fired up by nation's freedom fight

time-read
2 mins  |
June 17, 2024
Saved by the Bell but made by Saka
Daily Express

Saved by the Bell but made by Saka

WILLING ASSISTANT DESERVES CREDIT

time-read
2 mins  |
June 17, 2024
FITZ & STARTS
Daily Express

FITZ & STARTS

Matt says luck was reason he followed abysmal 79 with a 69

time-read
2 mins  |
June 17, 2024
Troy in Southwell test
Daily Express

Troy in Southwell test

O'BRIEN MULLS OVER PREP BEFORE CUP RUN

time-read
1 min  |
June 17, 2024
We're facing starvation as crops fail'
Daily Express

We're facing starvation as crops fail'

THE resilience of volunteer school cook Mihret Gebru shines through as she raises a family amid a severe humanitarian crisis in the droughthit Ethiopian region of Tigray.

time-read
3 mins  |
June 17, 2024
Ukraine looking to Churchill in its battle with Russia
Daily Express

Ukraine looking to Churchill in its battle with Russia

UKRAINE is summoning the spirit of Winston Churchill and the miracle of D-Day in its fight with Russia, a top aide has said.

time-read
2 mins  |
June 17, 2024
Father applies for judicial review into daughter's suicide inquest
Daily Express

Father applies for judicial review into daughter's suicide inquest

THE father of a teenager who took her own life at a leading boarding school has applied for a judicial review into the decisions made by the coroner at her inquest.

time-read
2 mins  |
June 17, 2024
House prices drop slightly
Daily Express

House prices drop slightly

Election puts move plans on hold

time-read
1 min  |
June 17, 2024
HPV jab to stop thousands of head and neck cancers
Daily Express

HPV jab to stop thousands of head and neck cancers

THOUSANDS of cases of head and neck cancer will be prevented thanks to the HPV vaccine.

time-read
1 min  |
June 17, 2024
Brave Charles and Kate show off the best of Britain
Daily Express

Brave Charles and Kate show off the best of Britain

THE timeless appeal of the monarchy has woven its magic once more.

time-read
3 mins  |
June 17, 2024