Government sale of stake in NatWest reaches new milestone

The Treasury’s stake in NatWest is likely to fall below 20% next week, another milestone in the bank’s return to full private ownership, Sky News has learned. By means of Mark Kleinman, city editor @MarkKleinmanSky Friday June 28, 2024 2:51 PM, UK The government’s sale of its stake in NatWest Group will reach a new … Read more

Government borrowing in May reaches highest level since Covid – BBC News

Image source, Getty Images Item information Author, Tom Espiner Role, Reporter, BBC News June 21, 2024 07:51 BST Updated 2 hours ago Government borrowing reached the highest level since the Covid crisis in May, but was lower than the British budget watchdog had predicted. £15bn of loans were taken out last month, which was £800m … Read more

Government borrowing in May reaches highest level since Covid – BBC News

Image source, Getty Images Item information Author, Tom Espiner Role, Reporter, BBC News June 21, 2024 07:51 BST Updated 6 minutes ago Government borrowing reached the highest level since the Covid crisis in May, but was lower than the British budget watchdog had predicted. £15bn of loans were taken out last month, which was £800m … Read more

More than 2 million help to buy Isa savers who are losing government money

People could be stuck in Help To Buy Isas with almost 2.2 million open offers Government surcharge of 25% is only payable if users purchase property under £250,000 Help to Buy Isas was introduced in 2015 but closed to new accounts in 2019 Nearly 2.2 million people will be unable to access the government bonus … Read more

To help Britain prosper, the next government must work together with business

Unlock the Editor’s Digest for free Roula Khalaf, editor of the FT, selects her favorite stories in this weekly newsletter. The writer is CEO of Lloyds Banking Group The general election is a good time to take stock and ask how businesses can help the UK economy reach its full potential. As one of Britain’s … Read more

A downgrade to the French credit rating will hurt the Macron government

Unlock the Editor’s Digest for free Roula Khalaf, editor of the FT, selects her favorite stories in this weekly newsletter. France has been downgraded by S&P Global, a blow to Emmanuel Macron’s credibility as steward of the economy, once the bright spot of his presidency. The rating agency changed the rating of French long-term issuers … Read more

The government knew it was not investing enough in cycling, according to a new document

Government knew it wasn

At the end of a week in which the Institute for Public Policy Research (IPPR) warned that “the UK is heading in the wrong direction” after official figures showed a 7.3 per cent drop in cycling kilometers traveled and a 2.2 per cent increase percent in car journeys between 2022 and 2023, a newly available … Read more

Lawmakers in New York are pushing to block lawsuits over government bond funds

Stay informed with free updates Simply log in to the Government bonds myFT Digest – delivered straight to your inbox. New York lawmakers are launching a new push to limit lawsuits by “vulture funds” against governments that default on their debts and cut the amount investors can recover through the courts on defaulted emerging market … Read more