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Osborne ‘recklessly irresponsible’ in RBS sell-off at £15bn loss
UNITE condemned George Osborne as “reckless” yesterday after he announced the immediate sale of the government’s stake in the Royal Bank of Scotland (RBS).
UK Financial Investments (UKFI), through which the Treasury owns its 79 per cent share, is seeking to flog off £2 billion worth over the coming fortnight.
Unite national officer for finance Rob MacGregor said the government’s plans were “recklessly irresponsible.”
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