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The Government\u2019s shareholding in RBS is managed commercially and at arm\u2019s length by UK Financial Investments (UKFI), with the objective of creating and protecting value for the taxpayer.<\/p>

<\/p>

RBS retains its own board which is responsible for commercial and operational decisions, including in relation to its branch network.<\/p>"} , "answeringMember" : {"_about" : "http://data.parliament.uk/members/4095", "label" : {"_value" : "Biography information for Steve Barclay"} } , "answeringMemberConstituency" : {"_value" : "North East Cambridgeshire"} , "answeringMemberPrinted" : {"_value" : "Stephen Barclay"} , "dateOfAnswer" : {"_value" : "2017-12-14", "_datatype" : "dateTime"} , "groupedQuestionUIN" : {"_value" : "118543"} , "isMinisterialCorrection" : {"_value" : "false", "_datatype" : "boolean"} , "questionFirstAnswered" : [{"_value" : "2017-12-14T12:43:32.827Z", "_datatype" : "dateTime"} ]} , "answeringDeptId" : {"_value" : "14"} , "answeringDeptShortName" : {"_value" : "Treasury"} , "answeringDeptSortName" : {"_value" : "CaTreasury"} , "date" : {"_value" : "2017-12-11", "_datatype" : "dateTime"} , "hansardHeading" : {"_value" : "Royal Bank of Scotland: Closures"} , "houseId" : {"_value" : "1"} , "legislature" : [{"_about" : "http://data.parliament.uk/terms/25259", "prefLabel" : {"_value" : "House of Commons"} } ], "questionText" : "To ask Mr Chancellor of the Exchequer, what discussions his Department has had with Royal Bank of Scotland about branch closures in Scotland.", "registeredInterest" : {"_value" : "false", "_datatype" : "boolean"} , "tablingMember" : {"_about" : "http://data.parliament.uk/members/4628", "label" : {"_value" : "Biography information for Danielle Rowley"} } , "tablingMemberConstituency" : {"_value" : "Midlothian"} , "tablingMemberPrinted" : [{"_value" : "Danielle Rowley"} ], "uin" : "118541"} , {"_about" : "http://data.parliament.uk/resources/804316", "AnsweringBody" : [{"_value" : "HM Treasury"} ], "answer" : {"_about" : "http://data.parliament.uk/resources/804316/answer", "answerText" : {"_value" : "

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