Royal Bank of Scotland: TCI Fund Management

(asked on 18th July 2022) - View Source

Question to the HM Treasury:

To ask the Chancellor of the Exchequer, what estimate his Department has made of the amount of shares held by the TCI hedge fund in the Royal Bank of Scotland in each of the last 15 years.


Answered by
Richard Fuller Portrait
Richard Fuller
This question was answered on 25th July 2022

HM Treasury does not routinely monitor the shareholdings of private-sector firms, and has not made an estimate of the amount of shares held by the TCI hedge fund in NatWest Group (previously the Royal Bank of Scotland). I am also not aware of any HM Treasury assessments of TCI interactions with ABN Amro or the subsequent takeover by RBS.

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