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NatWest bank set for private ownership. Received £45.5bn govt bailout in 2008. Reverse socialism - Lame ducks bailed out but when profitable handed back to private sector. Why? They could form part of industrial strategy - lending to SMEs, investment in new industries.
Apr 24, 2025
Rick Haythornthwaite said bank was indebted to public for £46bn rescue package that kept it afloat in 2008
www.theguardian.com
NatWest chair thanks UK taxpayers for bailout ahead of return to private ownership
Prem Sikka