rbs insurance Archive

  • RBS shares plummet – The public votes!

    RBS shares plummet – The public votes!

    So where do we start, it’s a historic day in UK economics for many reasons not least the UK Goverment offering a 50 billion further bailout to the banks at our expense, and underwiting the toxic debts of the UK banks with a bad debt...

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  • Government take two thirds stake in RBS Insurance

    Government take two thirds stake in RBS Insurance

    The government been forced to take ownership of 57% of Royal Bank of Scotland after it’s own shareholders took up on just 0.24% of its capital raising. The government will pay £15bn for the majority stake in the troubled bank and £5bn in preference shares...

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