***NOTE: UKGI COMPLETED THE SELL OFF OF THE TAXPAYER’S REMAING SHARES IN NATWEST IN MAY 2025 (SEE PRESS RELEASE HERE). ***
THE ORIGINAL PROMISE THE GOVERNMENT MADE WAS TO SELL OFF THE SHARES WITHIN 10 YEARS. IN THE EVENT IT TOOK :
16 years, 8 months, 22 days
The UK Government aims to sell all the shares it aquired in the failed banking sector by 2025-2026. This timer is set to expire at the end of 2026. Museum of Debt will be watching to see what the UK taxpayer got for its investment.
For more information see Haircuts for Capitalists.
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