According to News, the timing of the poll will jeopardize a proposed retail offer of shares in the taxpayer-backed bank.
The Treasury has been planning for months for a retail offering, with several billion pounds worth of NatWest shares to be sold at a discount to the current market price.
According to the government’s intentions, it would have taken place alongside an institutional share placement, with taxpayer stakes reduced to as little as 10% following the joint sale.
Several sources confirmed, while the prime minister addressed the country from Downing Street,
