RBS and Lloyds set to post losses

Bailed-out British banks Royal Bank of Scotland and Lloyds will this week fuel fears that it will take years for taxpayers to get their money back.

The previous government injected £65.5 billion – more than £1,000 per citizen - to prop up the two lenders in the hope they would repay the loans with interest. But nearly four years on, the taxpayers’ stake is worth just £36 billion.