Advertisement

Direct Line for sale again

Clearance sale, everything must go. That is the underlying theme behind Government plans to create three new high street retail banking chains from the part nationalised RBS and Lloyds TSB and the wholly state owned Northern Rock.

Direct Line is the crown jewel of Royal Bank of Scotland’s (RBS) insurance businesses. The sale of RBS’s insurance operations was first tried last year, but the bank’s greedy £7 billion price tag proved too much for rival insurers.

 

Comment on this page »

Features

Latest news

Spire Harpenden Hospital wins prestigious industry award

New testing technique comes to The Royal Marsden

Bupa announce £2.9 million investment

Direct Line for sale again
Advertisement
Advertisement
Connect with us on:

This site compiles with the HONcode standard for trustworthy health information