Respondents Support: Bank and Gr Ie

respondents support: YouGov research commissioned by campaign group Positive Money found that a third of respondents support running RBS as a nationalised bank rather than selling it back to investors, according to The Independent. The government has been selling its shares since 2015, and plans to fully return the bank to private ownership by 2024. A similarly small proportion think the bank would serve the public interest if it returns to private hands. It is predicted to lose 28.5bn on the sale, according to the Office for Budget Responsibility. At 242p per share, RBS is valued at less than half the price the government paid in a 2008 bailout. ISOCountry Groups euro at be cy ee fi fr de gr ie it lv lt lu mc mt nl pt sk si sm es va uk gb us us variants 1 33.4, 2 33.3, 3 33.3 Join Independent Minds For exclusive articles, events and an advertising-free read for just 5.99 6.99 9.99 a month Start your free trial Get the best of The Independent With an Independent Minds subscription for just 5.99 6.99 9.99 a month Start your free trial Get the best of The Independent Without the ads for just 5.99 6.99 9.99 a month Start your free trial The new poll found that a third believe the government should hold onto its 62.3 per cent stake for a year or more in the hope that the value of the shares in the bank recover, and then they can sell it for a higher price later on. (news.financializer.com). As reported in the news.