UK Financial Investments (UKFI), the body set up to manage taxpayers’ interests in rescued banks, has today admitted that returning investments to the private sector will be “challenging”. According to the body, each household in the country has over £3,000 invested in Lloyds Banking Group and RBS (RBS), which are 43% and 70% owned by the [...]

More: UKFI admits selling stakes in nationalised banks will be “challenging”