Osborne Says Mansion House Speech Will Detail RBS, Lloyds Plans
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Chancellor of the Exchequer George Osborne said he will use his Mansion House speech tomorrow to set out plans for the return of Royal Bank of Scotland Group Plc and Lloyds Banking Group Plc to the private sector.
An “important provision” is that taxpayers that rescued the banks in 2008 get their money back, Osborne said in an interview with BBC Radio 4.