All the updated news related to bailout

All the news related to bailout updated in real time

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Thames Water fined £18m over dividends but granted 35% bills hike by 2030

Thames Water granted 35% bills hike by 2030 amid £18m fine over dividends

Thames Water is to be allowed to hike consumer bills by 35% by 2030 following a decision by the industry regulator, as it was also handed an £18.2 million fine for paying “unjustified” dividends to shareholders. The average annual bill will rise to ...

19 Dec 2024 at 13:03

Rayner to scrap ‘payday loan’ premium for council bailouts

Struggling councils will no longer be required to pay a “punitive” premium on financial bailouts, Angela Rayner has announced in a speech vowing to get local government “back on its feet”. The Deputy Prime Minister likened the fee, which was a ...

24 Oct 2024 at 17:40

City

UK Government sells £1.26bn of taxpayer stake in NatWest

The UK Government has sold £1.26 billion of its stake in Natwest back to the banking firm. It is the latest in a series of stake sales by UK Government Investments as the state seeks to whittle down its shareholding in the bank, following its ...

22 May 2023 at 09:03

City

NatWest: Key dates in the bank’s history from rescue to privatisation

NatWest has returned to private ownership after the Government sold its remaining shares in the bank. The banking group – which was previously called RBS – was rescued during the 2008 financial crisis with payments worth £45.5 billion, which ...

30 May 2025 at 21:55

City

Why was NatWest rescued in 2008 and what has changed for the bank in that time?

The Government has offloaded its stake in NatWest, 17 years after swooping in to rescue the bank when it was on the brink of collapse. At its peak in 2008, the Government had an 84.4% shareholding in the group, and did not start selling ...

30 May 2025 at 21:55

Activists call on central banks to limit investments in new fossil fuel projects

Protesters are calling on central banks to limit the flow of money going into new fossil fuel projects. Frontline activists and climate groups from around the world are staging a coordinated action in the lead up to the Bank of ...

24 Jun 2023 at 00:01

Ireland

Ireland completes disposal of AIB shares

Ireland has reduced its shareholding in Allied Irish Banks (AIB) to zero, completing its return of the bank to private ownership after the financial crash. AIB’s exposure to Ireland’s property market crash nine years ago ...

18 Jun 2025 at 20:06

OPINION: Taxpayers would support RTE's bailout if they made this one major change

National News

OPINION: RTE needed one major change to avoid backlash over €725m taxpayer bailout

I've spoken about little else with family and friends in the last 24 hours than the RTE funding announced by Minister Catherine Martin on Wednesday. €725 million of taxpayers' money will be making its way into accounts ...

25 Jul 2024 at 15:01

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