RBS in talks with government over dividend policy
- The repurchase of the shares would need to be agreed by all shareholder
- While the government would still have an 80% stake in RBS even if the bank bought back the dividend access shares, it would move it closer to resuming dividend payments to all shareholders.
- George Osborne, Chancellor of the Exchequer, said at the end of last year he would negotiate an end to the dividend access scheme