RBS sell off

So let me get this right we helped bail out the banks with tax payers money and now the Tories are selling of nearly 8% of the stake at a 2 billion loss.

Surely this isnt acting in our interests as the tax payer.

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Burnley123 · 41-45, M

It helps their buddies in the banking sector though.

It's always been this way and reminds me of the 2008 crash when the banks got huge bailouts. We then (and still do) had years of austerity, ostensibly because there was no money left.

milkymum1 · 31-35, F

@Burnley123 yes thats all its for.

this is from the 2008 crash and austerity hasnt worked here, all it has done is make things worse and normal people suffer.

if they are selling RBS off at a loss what does it really say about the bank and the whole process.