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Tuesday, June 5, 2018

Britain takes around $2.66 billion loss on RBS share sale

LONDON (Reuters) - Britain's government sold 7.7 percent of Royal Bank of Scotland shares for 2.5 billion pounds ($3.33 billion) on Tuesday, realizing a loss of more than two billion pounds on part of its investment in the lender it rescued in 2008.


from Reuters: Business News https://ift.tt/2JpXOkh

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What will be in the chancellor's Spring Statement?

Chancellor Rachel Reeves will give more detail about the government's plans for the economy. from BBC News https://ift.tt/GkI7Cuc