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Government To Start Selling Off 79% Share, At Expected Loss To Taxpayer

The Chancellor has been given approval to begin selling off the government's 79% share in the Royal Bank of Scotland, at what is expected to be a substantial loss to the taxpayer. The Treasury will start by giving up just under 5.2% of its overall stake in the bank, which is expected to raise around 2 billion pounds. Our City Editor Mark Kleinman reports.