Question to the HM Treasury:

To ask the Chancellor of the Exchequer, if he will make an assessment of the potential merits of including an employee share element as part of the sale of the Government's remaining shares in NatWest.

At Spring Budget 2024, the Chancellor set out that, as part of the plan to return NatWest to private ownership, the government intends to deliver a retail offering, subject to supportive market conditions and achieving value for money for taxpayers. The government is currently exploring the most suitable terms, structure, and timing for a potential sale.