Getting your share of the banks: giving the banks back to the people
The 2008 financial crisis led to the government taking substantial shareholdings in the Royal Bank of Scotland and Lloyds Banking Group. The time will soon come for the state to divest itself of these shareholdings. In the CentreForum report 'Getting your share of the banks: giving the banks back to the people' Stephen Williams MP, co-chair of the Liberal Democrat Treasury Parliamentary Committee, proposes a new model of privatisation. His proposal would maximise the likelihood of recouping the entirety of the government's investment whilst distributing shares to the British public, showing that capitalism can be both popular and fair.
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