Advertisement

PM: No timetable set for selling RBS shares

The Prime Minister's official spokesman has said that no timetable has been set selling off RBS shares. Credit: PA Wire

The Prime Minister's official spokesman has said that no timetable has been set for selling off the Government's share in the Royal Bank of Scotland, after the bank announced losses of £5.16 billion.

David Cameron's spokesman added that RBS has shown "responsibility and restraint" in the bonus payouts.