Rbs in Record Uk Loss Shame

Summary


PART-NATIONALISED Royal Bank of Scotland today unveiled losses of pounds 24bn for 2008 - the biggest in UK corporate history.

RBS - nearly 70% owned by the taxpayer after a pounds 20bn rescue - also announced plans to sell off swathes of the business.

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Extract


Rbs in Record Uk Loss Shame

The beleaguered bank plunged to the losses after a catastrophic year when the crisis sparke...

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