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Old 11-03-2009, 12:40 PM
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Post Treasury confirms RBS and Lloyds sell-offs

A major overhaul of the UK banking industry has been confirmed by the Treasury today with plans for Royal Bank of Scotland (RBS) and Lloyds Banking Group to sell off bank branches.The shake-up comes as the Government hopes to create more competition within the industry.The Government holds a 70% stake in RBS and a 43% [...]

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