U.K. Said to Weigh Trimming $24 Billion RBS Stake

U.K. Said to Weigh Trimming $24 Billion RBS Stake

Assessment

Interactive Video

Business, Social Studies

University

Hard

Created by

Quizizz Content

FREE Resource

The video discusses the UK Government's plan to exit its position in RBS by 2024, despite a significant loss. The impact of Brexit and the upcoming March deadline are highlighted as key factors. The RBS share price has increased by 12% since the start of the year, presenting a potential opportunity for the government. However, the sale is expected to be at a low price, and the proceeds will not benefit taxpayers directly but will aid the UK budget. The focus is on exiting the investment rather than making a profit, as RBS has transformed significantly since the financial crisis.

Read more

5 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the UK Government's plan regarding its position in RBS?

To exit its position by 2024

To privatize RBS completely

To increase its stake in RBS

To merge RBS with another bank

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How has RBS's share price changed since the start of the year?

It has increased by 20%

It has increased by 12%

It has decreased by 12%

It has remained the same

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What significant change has RBS undergone over the past decade?

It has been nationalized

It has become a global bank

It has merged with another bank

It has become a smaller UK bank

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the expected outcome of the RBS share sale for the UK Government?

A significant loss

A break-even result

A significant profit

A minor profit

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Where will the proceeds from the RBS sale go?

To the taxpayers

To the UK Government's budget

To RBS's shareholders

To a charity fund