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shedfish

U K F I Fiasco

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oh it's WIN WIN WIN for the taxpayer

UKFI said the stakes currently showed a paper loss of £10.9bn, and it would take time to sell the shareholdings.

UKFI, which has reiterated that it will operate at arms length from the government, said it would maximise the value of the investments for the taxpayer.

"Every UK household will have more than £3,000 invested in shares in RBS and Lloyds," said John Kingman, UKFI chief executive.

"Today UKFI is setting out our strategy.... blah blah

what if that £3000 per head was invested in armoured cars and body armour for example?

at this point i might not just mean for our troops

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