Reuters reports that Britain should end uncertainty over long-term plans for state-controlled Royal Bank of Scotland, Bank Governor Mark Carney said in a newspaper interview.
Carney's position on RBS echoes that of his predecessor, Mervyn King, who said the bank's ability to sustain lending was being hampered by a lack of clarity over its future.
Britain's government ploughed £45.8bn into RBS to save it from collapse in 2008, and now holds an 81% stake.
Carney also told the Daily Mail he would not be drawn on whether he thought RBS should be split into a 'good' bank and a 'bad' bank - something advocated by King and recommended by a parliamentary commission - but made clear the status quo was a damaging one.
'It's absolutely imperative that the uncertainty around RBS is dissipated', he told the newspaper.
To access the complete Reuters article hit the link below
image: © Mark Ramsey