Bank Shares For All Says Clegg
Published / Last Updated on 23/06/2011
Bank Shares For All Says Clegg.
As the taxpayer owns 83 per cent of the Royal Bank of Scotland and 41 per cent of Lloyds Bank and the Government invested £65.8bn in the midst of the crisis with the banks, Deputy Prime Minister, Nick Clegg has suggested that the public should be awarded with shares in these two banks. After all it was the tax payers money that helped keep these banks in business.
Although Nick Clegg supports this suggestion, he also acknowledges that there would need to be immense amount of detail put into the organisation of such a process.