March 10, 2020 / 12:57 PM / a month ago

UK to delay full sale of RBS until at least 2025: Sky News

FILE PHOTO: A worker cleans the glass exterior next to the logo of RBS (Royal Bank of Scotland) bank at a building in Gurugram on the outskirts of New Delhi, India, September 8, 2017. REUTERS/Adnan Abidi

LONDON (Reuters) - Britain’s government is likely to delay the full sale of its 62% stake in Royal Bank of Scotland until at least 2025, Sky News reported on Tuesday, citing a source close to the bank.

The government has not sold any shares in RBS since June 2018. RBS came under public control during the 2008-09 financial crisis.

Reporting by David Milliken; editing by Stephen Addison

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below