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Showing results for tags 'reprivatisation'.
It had all the hallmarks of a well-orchestrated bit of kite flying. First, the Chancellor’s favourite think tank, Policy Exchange, suggested a mass distribution of RBS shares to the public – offered free upfront. Hours later, the Prime Minister called for progress on reprivatisation of RBS to be made as quickly as possible and did not rule out selling the bank for a loss. “I’m open to all ideas and proposals,” he said with a metaphorical nudge and a wink. The Government’s current obsession with the fate of RBS is a bit of a mystery, the fact that taxpayers own 81pc of its shares notwith