NatWest Retail Stock Offering Seen In Doubt After Labour Win
- Shore Capital says offering to retail investors now unlikely
- Former Chancellor Hunt announced plan to stir public interest
A NatWest Group bank branch in London.
Photographer: Hollie Adams/BloombergThis article is for subscribers only.
A proposed retail offering of government-held shares in NatWest Group Plc is looking less likely following the change of power in Britain.
That’s according to UK stockbroker Shore Capital Group Ltd. It says the new government may be unwilling to persist with an idea floated by former Chancellor of the Exchequer Jeremy Hunt to augment the ongoing program of incremental sales.