(11 years, 5 months ago)
Commons ChamberMy hon. Friend is absolutely right. RBS has ended what I referred to as the rescue phase. Stephen Hester successfully brought the bank back from the brink and has started to refocus it, and the new strategy that RBS has set out will focus it even more on lending to UK businesses and households?
The decisions made about RBS’s future represent a huge impact on the public finances, so where is the Chancellor?