It does make me laugh a little bit that on low news days this comes out time and time again. The government issued a statement recently saying it will not fully nationalise RBS. The risk attached to owing 100% is huge anyway, In terms of LIBOR it is not a bad thing if RBS do settle for a £300m settlement as this is in line with Barclays and we can draw a line under it. I was working ont he assumption of £300m. However, the SP will probably tank on Monday now whilst Lloyds and Barclays fly! Usual b*****s.
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