DataRoom AM: NAB’s UK exit sign

The resignation of Clydesdale Bank’s boss is a sign NAB is closer to exiting the UK, while a snap election in Queensland is set to hasten the sale of the state’s power assets.

National Australia Bank has made no secret of its desire to accelerate its exit from the UK and it now appears clear a departure is not too far from becoming a reality.

Elsewhere, Queensland premier Campbell Newman gets on the front foot in the national privatisation race, investors again bet on a Santos capital raising and regional airline Skytrans shuts up shop.

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