Fred Goodwin

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RBS cautions against a restart of sale of taxpayers' 71% stake

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Royal Bank of Scotland directors have faced angry questioning from shareholders over planned branch closures and the bank’s treatment of small businesses – and the bank’s finance chief has warned that now may not the best time for the government to restart sales of the taxpayers’ 71% stake in the lender.

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RBS cautions against a restart of sale of taxpayers' 71% stake

Royal Bank of Scotland directors have faced angry questioning from shareholders over planned branch closures and the bank’s treatment of small businesses – and the bank’s finance chief has warned that now may not the best time for the government to restart sales of the taxpayers’ 71% stake in the lender.