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The end of the UK’s ‘bailout era’

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Manage episode 490677327 series 2284658
Content provided by Topher Forhecz and Financial Times. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Topher Forhecz and Financial Times or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ppacc.player.fm/legal.

The Royal Bank of Scotland was once the biggest bank in the world. Then, hubris got the best of it. During the financial crisis the UK government spent £46bn to bail out the bank. Seventeen years and a rebrand to NatWest Group later, the government just sold its last shares in it and officially ended the country’s “bailout era”. The FT’s Akila Quinio analyses what this means for the economy and for NatWest.


Clips from ABC News, BBC, NBC

- - - - - - - - - - - - - - - - - - - - - - - - - -


For further reading:

The RBS story: how the world’s biggest bank was nationalised and then reborn

NatWest’s freedom dividend has already been cashed

NatWest must not forget its chequered past


- - - - - - - - - - - - - - - - - - - - - - - - - -


Follow Akila Quinio on X (@akilazoe). Michela Tindera is on X (@mtindera07) and Bluesky (@mtindera.ft.com), or follow her on LinkedIn for updates about the show and more.


Read a transcript of this episode on FT.com


Hosted on Acast. See acast.com/privacy for more information.

  continue reading

270 episodes

Artwork
iconShare
 
Manage episode 490677327 series 2284658
Content provided by Topher Forhecz and Financial Times. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Topher Forhecz and Financial Times or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ppacc.player.fm/legal.

The Royal Bank of Scotland was once the biggest bank in the world. Then, hubris got the best of it. During the financial crisis the UK government spent £46bn to bail out the bank. Seventeen years and a rebrand to NatWest Group later, the government just sold its last shares in it and officially ended the country’s “bailout era”. The FT’s Akila Quinio analyses what this means for the economy and for NatWest.


Clips from ABC News, BBC, NBC

- - - - - - - - - - - - - - - - - - - - - - - - - -


For further reading:

The RBS story: how the world’s biggest bank was nationalised and then reborn

NatWest’s freedom dividend has already been cashed

NatWest must not forget its chequered past


- - - - - - - - - - - - - - - - - - - - - - - - - -


Follow Akila Quinio on X (@akilazoe). Michela Tindera is on X (@mtindera07) and Bluesky (@mtindera.ft.com), or follow her on LinkedIn for updates about the show and more.


Read a transcript of this episode on FT.com


Hosted on Acast. See acast.com/privacy for more information.

  continue reading

270 episodes

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