Government sells final shares in NatWest 17 years after £45bn bailout
https://www.theguardian.com/business/2025/may/30/government-sells-final-shares-in-natwest-17-years-after-45bn-bailout
Posted by Superbuddhapunk
Government sells final shares in NatWest 17 years after £45bn bailout
https://www.theguardian.com/business/2025/may/30/government-sells-final-shares-in-natwest-17-years-after-45bn-bailout
Posted by Superbuddhapunk
7 Comments
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At a 10 billion lost to the taxpayers , sounds like someone got a bargain.
We should have kept a golden share entitling the government to take a percentage of profits in perpetuity.
Why didn’t we just keep the shares and make the money back through dividends over time?
This is why we’re all living in poverty and are miserable. We bailed out the banks and got stagnant wages forever in return. We should have kept it and turned a massive profit.
It’s wild we didnt tbh, some nonces crying about nationalisation.
The price of this was the future of an entire generation.
I worked at NatWest whilst I was at uni part time to pay the bills when the collapse happened.
I will never forget that morning when all the “lifers” who were there literally from school age until grown adults realising their entire pension and life savings were built upon shares in NatWest/RBS and seeing their entire future blow up in front of their eyes. Was absolutely horrid.
Reeves digging for change under the sofa cushions 😂