The Government has equity stakes originally worth close to £35bn in the two banks after a series of capital injections that were initiated 12 months ago.
The taxpayer is sitting on a £4.6bn loss on investments in Royal Bank of Scotland and Lloyds Banking Group exactly a year after the Government announced a massive bail-out plan.
The Government has equity stakes originally worth close to £35bn in the two banks after a series of capital injections that were initiated 12 months ago.