Live, rolling coverage of business, economics and financial markets as Boeing chief executive departs after safety incidents including mid-air door blow-out The government’s shareholding in NatWest Group has fallen below 30% for the first time since 2008, the bank has confirmed. The public’s stake in the group was last reported at 30.98% on 15 March. We welcome the government’s continued commitment to returning NatWest Group to private ownership. With the government shareholding now below 30%, we have been pleased with the recent momentum to achieving this shared ambition, which we believe is in the best interests of the bank and our shareholders. The stabilisation of retail sales in March should give some hope that the sector’s downturn is bottoming out. The earlier timing of Easter will likely mean weaker year-on-year sales in April, but easing inflation should support retail spending going forward. Continue reading...

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