Royal Bank of Scotland

(asked on 13th June 2018) - View Source

Question to the HM Treasury:

To ask Mr Chancellor of the Exchequer, what discussions he has had with (a) Scottish business and (b) trade union representatives on the retention or otherwise of the Government’s stake in RBS.


Answered by
John Glen Portrait
John Glen
Paymaster General and Minister for the Cabinet Office
This question was answered on 18th June 2018

The Government’s shareholding in the Royal Bank of Scotland is managed at arm's length and on a commercial basis through UK Government Investments Ltd, a company wholly owned by HM Treasury.

Treasury Ministers and officials have meetings with a wide variety of organisations in the public and private sectors as part of the process of policy development and delivery.

Details of ministerial and permanent secretary meetings with external organisations on departmental business are published on a quarterly basis and are available at:

https://www.gov.uk/government/collections/hmt-ministers-meetings-hospitality-gifts-and-overseas-travel

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