Jim O'Neill, the Chief Executive of the UKFI, which manages the Government's investments in the Royal Bank of Scotland and Lloyds Banking Group, has said that the most likely sales of RBS shares would be a market sale to institutions.
The news emerged from UKFI's response to questions asked by the Treasury Select Committee on Tuesday, October 23rd.
CM
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What Disney tells us about how we draw investment conclusions -
High pension fees could take £70k from your retirement pot – time to check what you’re payingEight out of 10 savers have no idea what fees they are paying to their pension provider to manage their retirement fund, and these charges can vary wildly.
