Philip Hammond admits taxpayers' RBS stake is likely to be sold at a loss

Published: 18/04/2017
Philip Hammond admits taxpayers' RBS stake is likely to be sold at a loss
Source: WWW.THEGUARDIAN.COM

Chancellor tells MPs ‘we have to live in the real world’, leaving the public facing a multibillion-pound loss Philip Hammond has signalled that the government is facing a multibillion-pound loss from selling off its 73% stake in Royal Bank of Scotland. The chancellor told MPs that that “we have to live in the real world”, as he indicated that the remaining shares could be sold below the 502p avera

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