Osborne Pulls Trigger On £2bn RBS Share Sale

George Osborne has unveiled plans for a £2bn sale of taxpayers' shareholding in Royal Bank of Scotland (RBS) in a symbolic moment that will crystallise a substantial loss on the stake. Confirming widespread expectations that he would begin the processing of selling the shares this week, the Treasury said after the stock market closed on Monday that it would sell a 5.2% stake in RBS to City investors. Directors of UK Financial Investments (UKFI), the agency which manages the state's 79