PARLIAMENTARY WRITTEN QUESTION
Royal Bank of Scotland (22 June 2015)
Question Asked
To ask Mr Chancellor of the Exchequer, pursuant to the Answer of 16 June 2015 to Question 900337, from which bodies he has commissioned advice on the sale of Royal Bank of Scotland.
Asked by:
Richard Burgon (Independent)
Asked by:
Richard Burgon (Independent)
Answer
In announcing the sale of the Government’s shareholding in Royal Bank of Scotland, the Chancellor is acting on independent advice from the Governor of the Bank of England and a report from Rothschild investment bank that it is in the public interest for the Government to begin now to sell its stake. The report by Rothschild, and the corresponding advice from the Governor, are both available online at www.gov.uk.
Answered by:
Dame Harriett Baldwin (Conservative)
25 June 2015
Contains Parliamentary information licensed under the Open Parliament Licence v3.0.