Royal Bank of Scotland

(asked on 22nd June 2015) - View Source

Question to the HM Treasury:

To ask Mr Chancellor of the Exchequer, pursuant to the Answer of 16 June 2015 to Question 900337, from which bodies he has commissioned advice on the sale of Royal Bank of Scotland.


Answered by
Harriett Baldwin Portrait
Harriett Baldwin
This question was answered on 25th June 2015

In announcing the sale of the Government’s shareholding in Royal Bank of Scotland, the Chancellor is acting on independent advice from the Governor of the Bank of England and a report from Rothschild investment bank that it is in the public interest for the Government to begin now to sell its stake. The report by Rothschild, and the corresponding advice from the Governor, are both available online at www.gov.uk.

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