Global Trade Alert
Global Trade Alert

United Kingdom: Restructuring and recapitalisation of Royal Bank of Scotland

Announcement

13 Oct 2008

In October 2008, the British government announced a change in private-sector financial support.

Source

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

0 in force

Implementation date

01 Dec 2008

Revocation date:

No revocation date

Capital injection and equity stakes (including bailouts)

By decision of 13 October 2008, the Commission approved a package of financial support measures to the banking industry in the UK (State aid case N 507/2008). These decisions permitted the UK to imple...

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