Future Retirement Success
  • Politics
  • Business
  • Investing
  • Stocks
  • Politics
  • Business
  • Investing
  • Stocks

Future Retirement Success

Business

Government’s Natwest Sale Raises Concerns, FTSE 250 Chief Warns

by May 3, 2024
May 3, 2024
Government’s Natwest Sale Raises Concerns, FTSE 250 Chief Warns

The government’s impending sale of its remaining stake in Natwest has raised concerns, with the chief of a FTSE 250 wealth manager cautioning against potential risks associated with a surge in retail investor exposure to a single stock.

Steven Levin, CEO of London-listed money manager Quilter, criticised the government’s strategy, describing the sale of Natwest shares as too “isolated” to have a meaningful impact on revitalising the stock market.

In an interview with City A.M., Levin expressed apprehensions that the sale could deter investors rather than attract them.

Despite government officials framing the sale as a pivotal moment akin to the Thatcher-era “Tell Sid” campaign for British Gas privatisation, Levin cautioned against promoting Natwest shares as a singular investment opportunity. He highlighted the importance of diversification in investment portfolios, emphasizing the need for a balanced approach to equities.

Uncertainty looms over the timing of the sale, with questions arising over whether the plans will proceed as scheduled this summer. In March, ministers reduced their stake in Natwest below 30 per cent for the first time since the bank’s bailout during the financial crisis. Additionally, Natwest shareholders have endorsed measures allowing the bank to repurchase more shares from the government.

Initially, retail investment platforms were slated to facilitate the distribution of Natwest shares into the market. A Treasury spokesperson reiterated the government’s commitment to promoting a savings investment culture and broadening share ownership in the UK through a retail offer of Natwest shares. However, they emphasized that individual investors would have the discretion to participate in any potential offer, with the government adhering to relevant marketing requirements.

As discussions continue, concerns persist regarding the potential implications of the Natwest sale and its alignment with broader objectives to stimulate retail investment and market participation in the UK.

Read more:
Government’s Natwest Sale Raises Concerns, FTSE 250 Chief Warns

0
FacebookTwitterGoogle +Pinterest
previous post
Coutts Shifts £2 Billion from UK Stocks to Overseas Funds, Sparking Concerns Amidst Market Uncertainty
next post
Trainline Doubles Profit Amid Accelerating European Sales Despite Nationalisation Threat

You may also like

Bank of England maintains interest rate at 5.25%

September 21, 2023

Amazon boycott could cost up to £47m in...

March 20, 2025

Scottish salmon has become UK’s biggest food export

February 10, 2023

CapitalRise secures £30 million funding line for bridging...

July 9, 2024

UK Economy Surges Ahead as GDP Growth Outpaces...

May 13, 2024

Branson’s Virgin Galactic commercial space flights to start...

June 16, 2023

UK businesses are failing to measure their impact...

September 6, 2023

Windfall tax to be suspended if energy prices...

June 9, 2023

Colmore BID & Hollie Gazzard Trust launch supporter organisation scheme...

March 24, 2023

Rail strikes ‘cost UK hospitality sector £1.5bn in...

December 30, 2022

    Get free access to all of the retirement secrets and income strategies from our experts! or Join The Exclusive Subscription Today And Get the Premium Articles Acess for Free

    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Recent Posts

    • Trump warns of ‘serious consequences’ if Elon Musk funds Democrats

      June 7, 2025
    • Musk jokes about reconsidering stance on Big Beautiful Bill after Schiff’s praise

      June 7, 2025
    • Musk deletes explosive posts about Trump and Epstein files

      June 7, 2025
    • House witness flips script on Dem who ambushed him during hearing with unearthed tweet: ‘Iceberg is ahead’

      June 7, 2025
    • Call with China’s Xi, and Trump-Musk exchange fueled barbs during 20th week in office

      June 7, 2025
    • Trump’s conservative allies warn Congress faces critical ‘test’ with $9.4B spending cut proposal

      June 7, 2025

    Categories

    • Business (8,152)
    • Investing (2,019)
    • Politics (15,568)
    • Stocks (3,136)
    • About us
    • Privacy Policy
    • Terms & Conditions

    Disclaimer: futureretirementsuccess.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    Copyright © 2025 futureretirementsuccess.com | All Rights Reserved