Taxpayer call over bank shares sale

Updated

Millions of taxpayers should be given the chance to profit from a no-risk stake in Royal Bank of Scotland or Lloyds, according to a think-tank.

Every voter would be given the opportunity to hold shares in the state-backed banks and take the profit on selling them while the original price of the stock would be returned to the Government, under the proposal by Policy Exchange. The think-tank said it would create a new generation of shareholders and allow the Government to dispose of its stakes in the banks before the 2015 general election and at a better price than with other options.%VIRTUAL-SkimlinksPromo%

Advertisement