Britain edges closer to selling its stake in RBS
A sale would allow the British government to start shedding its 80% holding in RBS, which was rescued through a £45bn (€57bn) bailout during the 2007-2009 financial crisis.
Oliver Holborn, head of capital markets at UK Financial Investments (UKFI), a government agency which manages the stake, said he had been contacted by institutions interested in buying RBS shares and the prospect of the bank returning to private ownership had accelerated this year.
