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Closed Immediately stop selling (publicly owned) RBS shares at a loss to the taxpayer.

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Government is rushing through the sale of RBS shares at a massive £13bn loss to taxpayers. We own 79% of RBS. Rather than selling off these shares to city traders who want business as usual; the government should be reforming the bank; waiting to sell the shares at a profit so the nation benefits.

RBS bosses warned that it would take decades to get back the money used to bail out the failing bank (http://www.thesundaytimes.co.uk/sto/business/Finance/article1495758.ece), yet the government is rushing ahead with these low value sell offs anyway.

Pre-election Osborne promised that we'd get back the £45.2bn spent to save RBS from collapse.

Post-election, he is pushing through £12bn of damaging welfare cuts, whilst losing out on at least £13bn by selling these shares too quickly.

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    This petition will stay open until 5 February 2016.