The sale of Government shares in NatWest to the public could be scrapped after the Treasury confirmed that the sell-off had been postponed for the General Election. ‘A retail offer will not happen during the election period,’ a Treasury spokesperson said. The sale of Government shares in NatWest to the public could be scrappedChancellor Jeremy Hunt had lined up M&C Saatchi for a ‘Tell Sid’ advertising campaign. Sources said a sale would not now take place until the back end of the year as any incoming government would have to review the proposals. NatWest shares are up 40 per cent this year.
Source: Daily Mail May 26, 2024 09:27 UTC