1. National

Canadian banks 'interest' in RBS

A hedge fund boss has been snapped going into Downing Street with papers on display that appear to show discussions about RBS and Canadian banks.

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  1. Laura Kuenssberg

Hedge fund manager had 'routine' meeting at No 10

Downing Street sources have told ITV News that the hedge fund manager, Davide Serra, had a "routine" meeting with an official this morning in Number 10.

I understand that Serra had not been specifically asked to discuss any potential deals between RBS and Canadian banks.

Davide Serra's meeting was 'routine' according to Number10. Credit: John Stillwell/PA Wire

Nevertheless, there is intense speculation around what might happen to RBS and when any parts of the bank might be sold.

With the taxpayer being the biggest shareholder in the company, it matters to us all.

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