RBS Branch Closures

Part of Oral Answers to Questions — Scotland – in the House of Commons at 12:00 am on 17 October 2018.

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Photo of Mel Stride Mel Stride Financial Secretary to the Treasury and Paymaster General 12:00, 17 October 2018

The hon. Lady is right to raise the issue of the taxpayer supporting the Royal Bank of Scotland to the tune of some tens of billions of pounds. It is right that the Government therefore expect the bank to show profitability and to come back into economic health. Our overarching principle is that the best way of achieving that is to leave commercial organisations such as the Royal Bank of Scotland to be in charge of their own affairs, rather than being subject to political interference from Ministers.