RE: Government sale of shares19 Feb 2024 17:04
Please correct me if I am wrong The Government own 33% of NWG (roughly 6461m Shares) Which at today share price is £6,461m (ish) Taking the dividend paid out in the last 5yrs the government would have received £4,800m in dividend. So they can sell the share get £6,461m and spend/waste it on god knows what or take the £1,000m or so dividend a year, in a couple or so more years the government would have its money back plus still have 33% of NWG To me would be a lot better for the British public Or am I being naive