Ministers eye nationalising Royal Bank of Scotland - FT

[dipsydoodle]

(Reuters) - Senior British government figures are discussing the possibility of buying out private investors in Royal Bank of Scotland, the Financial Times reported on Thursday.

Ministers are discussing a potential full nationalisation of RBS, which is already 82 percent owned by the government, to help boost business lending to companies.

The remaining 18 percent of the bank is owned by private investors and it would cost the government around 5 billion pounds to buy them out, the FT said.

http://uk.reuters.com/article/2012/08/02/uk-rbs-britain-banks-idUKBRE87100C20120802

[non sociopath skin]

1. Really Dave? Remember all that crap your mob spouted about Brown's government ...

... being one step away from a full-blown Marxist state when they took the 82 percent?

Thought not.

The Skin