Good morning everyone.
The UK government are set to offer the public shares of state owned RBS in a “buy now, pay later” scheme, according to the Times.
Between 50-75% would be offered valued at around £15-25bn. The stake would be about 81% of the governments holdings.
No doubt there will be plenty of strings attached but it could have the potential for a quick in-and-out trade without shelling out a brass razoo.
Full story here (part gated)
