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456025
registered interest false more like this
date less than 2016-02-29more like thismore than 2016-02-29
answering body
HM Treasury more like this
answering dept id 14 more like this
answering dept short name Treasury remove filter
answering dept sort name CaTreasury more like this
hansard heading Royal Bank of Scotland: Government Shareholding more like this
house id 1 remove filter
legislature
25259
pref label House of Commons more like this
question text To ask Mr Chancellor of the Exchequer, if he will make an assessment of the implications for his policies on reducing the Government's stake in the Royal Bank of Scotland (RBS) of the (a) decision to defer the redemption of dividend payment by and (b) recent changes in the share price of that bank. more like this
tabling member constituency Ross, Skye and Lochaber more like this
tabling member printed
Ian Blackford more like this
uin 28814 more like this
answer
answer
is ministerial correction false more like this
date of answer remove filter
answer text <p>The Government has consistently said that disposing of our stake in RBS is the right thing to do for the taxpayer and the British economy. Returning RBS to private ownership will promote financial stability, a more competitive banking sector, and the interests of the wider economy.</p><p> </p><p>The first sale of government shares in RBS was conducted in August 2015, and raised £2.1 billion for the taxpayer. The government will continue to return RBS to private ownership and conduct further sales of RBS shares, subject to market conditions.</p> more like this
answering member constituency West Worcestershire more like this
answering member printed Harriett Baldwin more like this
question first answered
less than 2016-03-07T11:11:10.187Zmore like thismore than 2016-03-07T11:11:10.187Z
answering member
4107
label Biography information for Dame Harriett Baldwin more like this
tabling member
4390
label Biography information for Ian Blackford more like this