RBS and Lloyds: the stamp of ideology | Editorial

By putting them back into the market, the coalition will fire the starter's pistol for another crisis down the track Cliche has it that this is a post-ideological age; yet ideology runs through this government's policy on RBS and Lloyds like words on a stick of rock. The coalition is dead set on privatising the nationalised banks before the next general election, ignoring the fact that the two are nowhere near ready to be floated, even though taxpayers stand to lose billions on the sale, and des...