{"id":92512,"date":"2018-06-04T15:48:44","date_gmt":"2018-06-04T15:48:44","guid":{"rendered":"http:\/\/mostafa.openonline.co.uk\/?guid=12125d62165d5ec9355ace67928aaba6"},"modified":"2018-06-04T15:48:44","modified_gmt":"2018-06-04T15:48:44","slug":"news-story-ukgi-advises-chancellor-to-undertake-a-second-sale-of-governments-shareholding-in-rbs-tonight","status":"publish","type":"post","link":"https:\/\/mostafa.openonline.co.uk\/?p=92512","title":{"rendered":"News story: UKGI advises Chancellor to undertake a second sale of government&#8217;s shareholding in RBS tonight"},"content":{"rendered":"<div class=\"govspeak\">\n<p>In the Autumn Budget 2017, the Chancellor announced the government\u2019s intention to recommence the privatisation of <abbr title=\"Royal Bank of Scotland\">RBS<\/abbr> before the end of 2018-19.<\/p>\n<p>UK Government Investments (<abbr title=\"UK Government Investments\">UKGI<\/abbr>) today (4 June 2018) advised the Chancellor it would be appropriate to conduct the second sale of the government\u2019s shareholding in the Royal Bank of Scotland. The Chancellor agreed with that advice and has authorised the process to begin.<\/p>\n<p>The sale will be conducted via an accelerated book-build overnight. Please refer to the <a rel=\"external\" href=\"https:\/\/www.ukgi.org.uk\/2018\/06\/04\/intention-to-dispose-of-approximately-7-7-of-the-royal-bank-of-scotland-group-plc\/\"><abbr title=\"UK Government Investments\">UKGI<\/abbr> statement for more information<\/a>. An update will be shared tomorrow morning.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>UK Government Investments (UKGI) today (4 June 2018) advised the Chancellor it would be appropriate to conduct the second sale of the government\u2019s shareholding in the Royal Bank of Scotland.<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[13],"tags":[],"_links":{"self":[{"href":"https:\/\/mostafa.openonline.co.uk\/index.php?rest_route=\/wp\/v2\/posts\/92512"}],"collection":[{"href":"https:\/\/mostafa.openonline.co.uk\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mostafa.openonline.co.uk\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mostafa.openonline.co.uk\/index.php?rest_route=\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/mostafa.openonline.co.uk\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=92512"}],"version-history":[{"count":0,"href":"https:\/\/mostafa.openonline.co.uk\/index.php?rest_route=\/wp\/v2\/posts\/92512\/revisions"}],"wp:attachment":[{"href":"https:\/\/mostafa.openonline.co.uk\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=92512"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mostafa.openonline.co.uk\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=92512"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mostafa.openonline.co.uk\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=92512"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}