Economic

Royal Bank of Scotland has lost all the £46bn pumped in by the taxpayer

“Royal Bank of Scotland has lost all the money invested in it by the taxpayer six years ago when the lender came close to collapse.

The bank has confirmed its total losses since its bailout have now drawn level with the £46bn pumped into it in 2008 in return for an 81pc stake.”

Source:RBS has lost all the £46bn pumped in by the taxpayer – Telegraph

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