UK 20:57 Sunday, 4 October 2026
Breaking news and expert analysis on fast-moving AIM and LSE listed shares
Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
Hello Share Twirlers. So George of the Treasury Jungle has decreed that its Royal Bank of Scotland (RBS) shares are to be sold off, probably at a loss to the tax-payer. You’ll recall that the shares have to go for about £5 each to recoup the money - that’s nearly £1.50p more than the present market price.
Already a member? Sign in
• All premium articles
• Tom Winnifrith’s Bearcast
• Access to all the entire nearly 13 year archive
• ShareProphets Daily Newsletter
Cancel any time
This area of the ShareProphets.com site is for independent financial commentary. These blogs are provided by independent authors via a common carrier platform and do not represent the opinions of ShareProphets.com. ShareProphets.com does not monitor, approve, endorse or exert editorial control over these articles and does not therefore accept responsibility for or make any warranties in connection with or recommend that you or any third party rely on such information. The information available at ShareProphets.com is for your general information and use and is not intended to address your particular requirements. In particular, the information does not constitute any form of advice or recommendation by ShareProphets.com and is not intended to be relied upon by users in making (or refraining from making) any investment decisions.
Comments
wildrides
Wishful thinking Malcolm ;-) although I cant blame you owning as many as you do !
mhin2
The banks are corrupt (as is a lot of the London financial market) and future litigation is like a sword of Damocles. So far the banks have been let off lightly (fines seem to promote a increase in share price! Clearly the fines are inadequate for the devastation the banks have caused). Lets hope China and India (or others) sue the banks properly; clearly the `West’ knows its return from theft, piracy, nepotism, corruption, cronyism…