Royal Bank of Scotland: Closures

HM Treasury written question – answered at on 14 December 2017.

Alert me about debates like this

Photo of Danielle Rowley Danielle Rowley Labour, Midlothian

To ask Mr Chancellor of the Exchequer, what discussions his Department has had with Royal Bank of Scotland about branch closures in Scotland.

Photo of Danielle Rowley Danielle Rowley Labour, Midlothian

To ask Mr Chancellor of the Exchequer, what discussions his Department has had with Royal Bank of Scotland about branch closures in (a) Bonnyrigg and (b) Penicuik.

Photo of Steve Barclay Steve Barclay The Economic Secretary to the Treasury

Government ministers and officials regularly meet with a wide range of organisations from the public and private sectors to discuss policy issues.

The Government’s shareholding in RBS is managed commercially and at arm’s length by UK Financial Investments (UKFI), with the objective of creating and protecting value for the taxpayer.

RBS retains its own board which is responsible for commercial and operational decisions, including in relation to its branch network.

Does this answer the above question?

Yes2 people think so

No0 people think not

Would you like to ask a question like this yourself? Use our Freedom of Information site.