"When I say 'get rid of it', I mean put it into the good hands of the private sector", Osborne said in an interview with the FT. Osborne was not looking to follow a "Tell Sid"-type privatisation model for the sale of the taxpayer's stake in RBS, after rejecting this approach when the government sold Lloyds Banking Group Plc , the FT added. Osborne was referring to the "If you see Sid ... Tell him!" advertisements to promote the 1986 privatisation of British Gas. Royal Bank of Scotland is open to reduce the size of its investment bank as an attempt to increase the bank's value, the newspaper said.
BOSTON (AP) — A woman who lost a leg in the Boston Marathon bombing described feeling as if she were in a horror movie: wounded people all around her, including someone covered with soot, dazed and "walking around like a zombie."
Greek Prime Minister Alexis Tsipras has requested a meeting with European Commission chief Jean-Claude Juncker, a government source said Friday, after Athens got no help from the European Central Bank to address a cash squeeze. "The prime minister called Mr Juncker to arrange a meeting next week," a government source said. German daily Sueddeutsche Zeitung had earlier reported that Tsipras had wanted to see Juncker today, but his request was turned down.