2nd Jun 2015 05:51
LONDON (Alliance News) - UK Chancellor George Osborne is set to outline plans for privatising The Royal Bank of Scotland Group PLC when it makes his Mansion House speech next week, the Financial Times reported on Monday.
Citing people familiar with the matter, the FT said the government is eager to capitalise on its outright victory in the General Election last month to accelerate the sale of its stakes in both RBS and Lloyds Banking Group PLC.
http://next.ft.com/87092b7e-0787-11e5-9579-00144feabdc0
By Sam Unsted; [email protected]; @SamUAtAlliance
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