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Don’t tell Sid! Government sale of Natwest could be ‘dangerous’, says FTSE 250 chief


Don’t tell Sid! Government sale of Natwest could be ‘dangerous’, says FTSE 250 chief

The government plans to sell some of Natwest’s shares to the public this summer. The government’s plan to sell its remaining stake in Natwest could be “dangerous” and lead to a flood of retail investors increasing their exposure to a single stock, the head of a FTSE 250-listed asset manager has warned. In an interview […]

Treasury sells £1.24bn NatWest stake as plans for public sale postponed


Treasury sells £1.24bn NatWest stake as plans for public sale postponed

The government has sold £1.24 billion worth of NatWest shares, accelerating the process of privatising the branch bank. A statement on Friday confirmed that the state’s stake in the bank had fallen by about 3.5 percentage points to 22.5 percent. NatWest received several bailout packages worth billions of euros during the financial crisis in 2008 […]

Delhi HC stays single judge’s order enforcing Kejriwal’s lockdown promise to pay rent


Delhi HC stays single judge’s order enforcing Kejriwal’s lockdown promise to pay rent

Representative image New Delhi (India), September 27 (ANI): The Division Bench of the Delhi High Court on Monday stayed the July 22 order of the Single Bench directing the government to implement Chief Minister Arvind Kejriwal’s promises to pay rents of needy tenants. The bench of Justices DN Patel and Jyoti Singh issued a notice […]