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(AFX UK Focus) 2009-11-02 03:36 UPDATE 1-UK to buy 30 bln stg shares in RBS, Lloyds -TelegraphLONDON, Nov 2 (Reuters) - The UK government will unveil plans this week to spend 30 billion pounds ($49.3 billion) buying further shares of rescued banks Royal Bank of Scotland and Lloyds, The Daily Telegraph newspaper reported on Monday. The UK newspaper said British Finance Minister Alistair Darling has agreed to spend about 25 billion pounds ($41 billion) on shares in part-nationalised RBS ...
2009-11-02 - Interactive Investor