Royal Bank of Scotland

(asked on 2nd June 2015) - View Source

Question to the HM Treasury:

To ask Mr Chancellor of the Exchequer, if the Government will take steps to prevent further closure of branches of the Royal Bank of Scotland pending a review of such closure.


Answered by
Harriett Baldwin Portrait
Harriett Baldwin
This question was answered on 10th June 2015

The Government’s shareholding in RBS is managed at arm’s length from HM Treasury by UK Financial Investments. Any decisions relating to the bank’s commercial operations remain a matter for the bank’s independent management team.

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