Courtesy 38 degrees..................
Tonight George Osborne may announce plans which would lose the UK public £7 billion.
He's thinking of flogging off our publicly-owned bank, RBS, on the cheap. We paid to bail it
out back in 2007. But instead of deciding how to make best use of this huge public asset,
Osborne is hoping to claw back some cash by selling at bargain basement prices. [1]
He's set to announce his plans for selling off RBS in a speech tonight - but this morning the
Commission on Banking (set up by Osborne himself) published a report saying that we shouldn't
rush into a sell-off. [2]
Currently he may just be planning to push ahead and ignore their advice. But with people power we
could force him to listen. He doesn't want to appear to be ignoring the opinion of experts he appointed.
If enough of us tell George Osborne and David Cameron now that they need to take the
Commission's advice then they'll realise that forcing a sell-off will damage their reputation.
We might only have today to do this. Could you sign an urgent petition now, asking George Osborne
and David Cameron to listen to the Commission on Banking's report and make sure all options
are considered instead of rushing straight into the sale? We'll send the petition to them before the
big speech tonight.
Just click here to sign:
https://secure.38degrees.org.uk/dont-flog-off-RBS