UK government to sell part of its NatWest stake – business live

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Good morning, and welcome to our rolling coverage of the world economy, the financial markets, the eurozone and business. More than a decade after the financial crisis, the UK government is taking another step towards cutting its majority shareholding in NatWest. The Treasury announced this morning it has instructed Morgan Stanley to sell NatWest shares on its behalf over a 12-month window, with sales starting on 12 August 2021 at the earliest and running for up to a year.

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