Question to the HM Treasury:

To ask Mr Chancellor of the Exchequer, whether the Government has any responsibility to support RBS in retaining its customers.

The Government’s shareholding in the Royal Bank of Scotland (RBS) is managed at arm's length and on a commercial basis through UK Financial Investments Ltd, a company which is wholly owned by the Government, with the objective of creating and protecting value for the taxpayer.

RBS retains its own board which is responsible for commercial and operational decisions, including in relation to customers.