Banking Industry (Taxation)

Part of Oral Answers to Questions — Treasury – in the House of Commons at 2:30 pm on 6 September 2011.

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Photo of John Redwood John Redwood Conservative, Wokingham 2:30, 6 September 2011

It would be good to get more tax out of RBS, a state-owned bank, but unfortunately it is still loss making. Will the Chancellor or a relevant Minister have an urgent meeting with its executives so that they can have a better plan for cutting risks, selling assets and making some money for the taxpayer?