No Rush To Privatize RBS, Says Cable

31 May 2013

Vince Cable, the U.K.’s business secretary, has told HM Treasury to slow its plans to privatize the Royal Bank of Scotland, saying it was not urgent to do so.

Vince Cable, the U.K.’s business secretary, has told HM Treasury to slow its plans to privatize the Royal Bank of Scotland, saying it was not urgent to do so. Prime Minister David Cameron earlier this month called for a sale as fast as possible.

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