Taxpayers left with £10bn loss on RBS stake

Shares obtained in bailout for 502p each ended 2014 trading at 394p

Taxpayers were left with a £10bn loss on their stake in Royal Bank of Scotland shares at the end of 2014.

The 79% shareholding in RBS was bought at an average of 502p a share, well above the 394p at which the shares ended the year.

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via Business Feeds