Tuesday, 5 June 2018

Bank Robbery

The privatisation of RBS has resumed. Shares are being sold off at a loss to the taxpayer, who bailed out RBS in the first place.

Yet small businesses and local economies are crying out for investment the length and breadth of the country.

And the loss, though huge, is still smaller than the profit that RBS made last year. Yet there is no suggestion of reimbursement to the Treasury.

This ought to be an enormous story. But it isn't. Well, of course it isn't.

No comments:

Post a Comment