• Text size
  • Send this article to a friend
  • Print this article

Government stake in Royal confirmed at 57.9%

The UK Government has assumed majority control of Royal Bank of Scotland, with a 57.9% stake, after investors took up just 0.24% of the £15bn of shares offered.

The UK Government has assumed majority control of Royal Bank of Scotland, with a 57.9% stake, after investors took up just 0.24% of the £15bn of shares offered to them in the institution's latest blockbuster capital-raising.