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Stock impact report

Focus: Britain's NatWest share sale to test UK equity market upswing [Reuters]

Lloyds Banking Group Plc American Depositary Shares (LYG) 
US:NYSE Investor Relations: lloydsbankinggroup.com/investors
Company Research Source: Reuters
saw the FTSE-100 hit a record high this week - months after similar milestones for benchmark indexes elsewhere. Finance Minister Jeremy Hunt hopes the sale of government-owned stock in the bailed-out bank, Britain's biggest casualty of the 2008 global financial crisis, will spur Britons to invest more in UK-listed companies. In November, of Margaret Thatcher by saying it was "time to get Sid investing again", a reference to the marketing campaign the former prime minister launched for the privatisation of British Gas in the 1980s. By the end of that decade, thousands of Britons held shares in some of the UK's biggest firms. But encouraging investors to buy NatWest now, against a backdrop of global geopolitical turmoil and economic uncertainty, could backfire, wealth managers and investors say. "Despite the , sentiment surrounding UK investments is pretty low and I think a retail offer is a higher risk option for improving equity ownership and sentiment towards the UK market, Show less Read more
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