Nationalisation as only 0.24% of shares offered sold privately
Troubled banking and insurance group RBS sold less than 1% of the new shares it offered meaning the UK government from today owns a controlling 58% share of the company.
RBS sold just 55,977,458 new shares, representing approximately 0.24% of the total offered to shareholders.
HM Treasury will take up the remaining 22,853,798,818 new shares, giving it 57.9% of the enlarged share capital of RBS.
The 2025 Insurance Times Awards took place on the evening of Wednesday 3rd December in the iconic Great Room of London’s Grosvenor House.
Hosted by comedian and actor Tom Allen, 34 Gold, 23 Silver and 22 Bronze awards were handed out across an amazing 34 categories recognising brilliance and innovation right across the breadth of UK general insurance.
Hosted by comedian and actor Tom Allen, 34 Gold, 23 Silver and 22 Bronze awards were handed out across an amazing 34 categories recognising brilliance and innovation right across the breadth of UK general insurance.
Many congratulations to all the worthy winners and as always, huge thanks to our sponsors for their support and our judges for their expertise.
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