UKGI advises Chancellor to undertake a second sale of government's shareholding in RBS tonight

Financial Services

June 4
16:48 2018

In the Autumn Budget 2017, the Chancellor announced the governments intention to recommence the privatisation of RBS before the end of 2018-19.

UK Government Investments (UKGI) today (4 June 2018) advised the Chancellor it would be appropriate to conduct the second sale of the governments shareholding in the Royal Bank of Scotland. The Chancellor agreed with that advice and has authorised the process to begin.

The sale will be conducted via an accelerated book-build overnight. Please refer to the UKGI statement for more information

Related Articles


  1. We don't have any comments for this article yet. Why not join in and start a discussion.

Write a Comment

Your name:
Your email:

Post my comment

Recent Comments

Follow Us on Twitter

Share This

Enjoyed this? Why not share it with others if you've found it useful by using one of the tools below: