Phil Boswell – 2016 Parliamentary Question to the HM Treasury

The below Parliamentary question was asked by Phil Boswell on 2016-04-18.

To ask Mr Chancellor of the Exchequer, what estimate he has made of the potential price per share at sale of the Government’s 73 per cent stake in the Royal Bank of Scotland compared to the amount paid per share in 2008.

Harriett Baldwin

The Government will conduct further sales of RBS shares subject to market conditions, and in doing so will maximise value for the taxpayer.

The OBR presented an estimate of future proceeds in the March 2016 Budget.