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Taxpayers could be given £1,000 worth of shares in Lloyds / RBS

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Old 16-05-2011, 11:10 AM
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Default Taxpayers could be given ?1,000 worth of shares in Lloyds / RBS


Every taxpayer could be handed ?1,000 worth of shares in the Royal Bank of Scotland and Lloyds, if a radical new proposal gets the green light.

An influential Tory think-tank demanded today that after being burdened with all the risk from the bank bailouts, Britons should get some of the benefits.

Under the deal put forward, taxpayers would themselves become stakeholders in the banks - and could sell their shares to make a profit.

Put simply, if the value of their shares rose to ?1,500 and they decided to cash in, each taxpayer would make a ?500 profit.



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