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	Podcast:		Share Radio Afternoon
	Episode:		Chancellor Hammond: RBS stake to be sold at a loss
	Category:		Business
	Duration:
	Publish Date:		2017-04-19 12:01:47
	Description:		Chancellor Philip Hammond has for the first time admitted the UK Government’s stake in RBS may be sold at a loss for the taxpayer. He told MPs that “We have to live in the real world.” The Treasury bailed out the bank by buying a 72% stake in 2008 during the Financial Crisis. For more on this and the other latest company news, Ed Bowsher spoke to Chris Bailey, founder of Financial Orbit.com
	Total Play:		0