Labour Government continued NatWest stake sales

A change of government has evidently not altered plans for the UK government’s divestment of its stake in NatWest (LSE:NWG).

The latest round of share sales has seen the government’s stake drop beneath 20%.

NatWest bought back the shares held by the government to bring its holding to 19.97%, which means the government interest has now nearly halved since December.

The divestment process paused during the UK general election.