Peel Hunt says that the NatWest sale cash should go to the UK government

The UK government should use the proceeds from selling its £7.5 billion ($9.4 billion) share in NatWest Group Plc to set up a sovereign wealth fund to help revive the country’s ailing equity market, according to Charles Hall, head of research at Peel Hunt Ltd.

State’s one-third share in the bank, now worth about £6.7bn, is left over from the 84% holding taken during the 2008 financial crisis