The Traderszone Network

Published in TZ Latest News 10 May, 2015 by The TZ Newswire Staff

UK’s Osborne may sell state-owned RBS shares at a loss: paper

British finance minister George Osborne may sell state-owned shares in Royal Bank of Scotland (RBS.L) at a loss as part of plans for an accelerated sale of government holdings in the sector, a newspaper reported. Finance ministry officials were examining plans for an early sale – at a loss to the taxpayer – of RBS shares and a discounted, 4-billion-pound ($6.18 billion) sale of Lloyds (LLOY.L) stock to the public, the Sunday Times said.

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