The U.K. has completed its exit from NatWest Group (NWG) 17 years after its GBP 45B bailout, The Guardian’s Kalyeena Makortoff reports. Chancellor Rachel Reeves, said: “Nearly two decades ago, the then-government stepped in to protect millions of savers and businesses from the consequences of the collapse of . That was the right decision then to secure the economy and NatWest’s return to private ownership turns the page on a significant chapter in this country’s history. We protected the economy in a time of crisis nearly seventeen years ago, now we are focused on securing Britain’s future in a new era of global change.” The government has now exited all of the banks it helped bail out during the financial crisis, the Treasury said.
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