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PM: Must get RBS sell-off right

The Prime Minister has said he taxpayers expect the Government to get the sell-off of RBS right. He said he thinks "they are more interested in getting their money back than the time."

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PM: Taxpayers want Govt to get RBS sell-off right

Getting taxpayers' money back from RBS is more important to them than the speed of selling it off, David Cameron has said.

The Prime Minister told Bloomberg:

As for when we get it back into the private sector, I just have two very simple concerns: one is we must make sure this bank contributes to the recovery of the UK economy; secondly, people put their money in - I want them to get their money out.

As we work with this bank as it's nursed back to even further health, the public want to know 'Am I going to get my money back?'

I think they are more interested in getting their money back than the time. Let's get it right.

He also paid tribute to the bank's outgoing chief executive Stephen Hester:

He's done an enormous amount to shrink the balance sheet and to get the bank into a more healthy position, to get it out of crisis and into recovery.

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