Chancellor to fire starting gun on RBS sale

Alice Rigby

The government is to move a step closer to selling its stake in RBS, with Chancellor George Osborne set to lay out plans for its privatisation in a speech next week.

According to the FT, the Chancellor (pictured) will say that the government intends to sell its 79% stake in the bank for less than the £45bn Labour spent in bailing out the bank during the financial crisis....

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