Taxpayers Face £20bn Loss On RBS Share Sales

UK taxpayers could lose more than £20bn if George Osborne presses ahead with the sale of the Government's remaining stake in Royal Bank of Scotland (RBS), according to an official forecast published on Wednesday. An analysis by Sky News of figures published by the Office for Budget Responsibility (OBR) suggests that the Treasury could recoup a total of just £23.6bn from the disposal of its RBS stake, barely half the £45.5bn injected into the bank to prevent its collapse in