Government offloads 7.7% of RBS shares at £2.1bn loss

Reduces stake to 62.4%

Mike Sheen
clock • 2 min read

The UK government has sold a 7.7% stake in Royal Bank of Scotland (RBS), reducing its ownership of the bank it bailed out with a £45bn rescue package in 2008 to around 62.4% from 70.1%.

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