Better Day 5,766 Posted June 11, 2015 Share Posted June 11, 2015 The government plans to sell its 80% stake in the Royal Bank of Scotland, Chancellor George Osborne has announced in his annual Mansion House speech.Governor of the Bank of England Mark Carney said the phased sell-off "would promote financial stability" and benefit the wider economy.The government provided RBS with a £45.5bn bailout in 2008.But the Unite union, whose members include bank workers, said the deal would "short-change the public".The government paid 500p a share for the bank, compared with the current price of about 361p - the shares were up nearly 2% on the news.Mr Osborne also set out more details of the sell-off of the government's remaining stake in Royal Mail.Royal Mail employees will share a further 1% tranche in the firm, while 15% will be placed with institutional investors. Got to love privatisation. #CapitalistProblems Together You And I! Link to post Share on other sites More sharing options...
HighwayGuy 1,498 Posted June 11, 2015 Share Posted June 11, 2015 Basically rewarding the bankers who caused the whole mess while at the same time cutting off money supplies to the public I hate the Conservatives so much Link to post Share on other sites More sharing options...
Better Day 5,766 Posted June 11, 2015 Author Share Posted June 11, 2015 Basically rewarding the bankers who caused the whole mess while at the same time cutting off money supplies to the public I hate the Conservatives so much I am the same. George Osbourne is so smarmy Together You And I! Link to post Share on other sites More sharing options...
squeala 875 Posted June 11, 2015 Share Posted June 11, 2015 I didn't even know it was government-owned but yeah this is ****ed up, just like everything else the Tories are doing. I'm so ashamed we voted for them Link to post Share on other sites More sharing options...
Serendipity 7,821 Posted June 11, 2015 Share Posted June 11, 2015 This is one huge unfair mess See talent here-->http://bit.ly/2eqeUxK Link to post Share on other sites More sharing options...
Better Day 5,766 Posted June 11, 2015 Author Share Posted June 11, 2015 I didn't even know it was government-owned but yeah this is ****ed up, just like everything else the Tories are doing. I'm so ashamed we voted for them64% of people voted against the tories Together You And I! Link to post Share on other sites More sharing options...
squeala 875 Posted June 11, 2015 Share Posted June 11, 2015 64% of people voted against the toriesyep my vote was a waste of time since i live in such a safe conservative seat Link to post Share on other sites More sharing options...
Better Day 5,766 Posted June 11, 2015 Author Share Posted June 11, 2015 yep my vote was a waste of time since i live in such a safe conservative seatWho did you vote for?I live in a ex-Labour safe seat. We are know run by SNP? Together You And I! Link to post Share on other sites More sharing options...
bionic 50,111 Posted June 11, 2015 Share Posted June 11, 2015 Testing the waters for when they announce they're selling off the NHS. Poor UK... It's a good thing the Scots remained part of the UK or the Tories would really be going wild with their elitist policies. Link to post Share on other sites More sharing options...
Better Day 5,766 Posted June 11, 2015 Author Share Posted June 11, 2015 Testing the waters for when they announce they're selling off the NHS. Poor UK... It's a good thing the Scots remained part of the UK or the Tories would really be going wild with their elitist policies. Poor england. The scottish NHS is safe. It isn't. We are being plaughed with a government we never voted for. Together You And I! Link to post Share on other sites More sharing options...
bionic 50,111 Posted June 11, 2015 Share Posted June 11, 2015 It isn't. We are being plaughed with a government we never voted for.Have some compassion for your fellow countrymates. You're still 1 country at the moment. Link to post Share on other sites More sharing options...
Better Day 5,766 Posted June 11, 2015 Author Share Posted June 11, 2015 Have some compassion for your fellow countrymates. You're still 1 country at the moment. Until we leave the EU Together You And I! Link to post Share on other sites More sharing options...
bionic 50,111 Posted June 11, 2015 Share Posted June 11, 2015 Until we leave the EU I hope that doesn't happen Link to post Share on other sites More sharing options...
Better Day 5,766 Posted June 11, 2015 Author Share Posted June 11, 2015 I hope that doesn't happenMe neither but if we leave we are guarentted indepedence Together You And I! Link to post Share on other sites More sharing options...
squeala 875 Posted June 11, 2015 Share Posted June 11, 2015 Who did you vote for? I live in a ex-Labour safe seat. We are know run by SNP? I voted Green Link to post Share on other sites More sharing options...
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