The Scotsman

Zombie banking

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MPS are discussing branch closures with executives of the taxpayer-owned RBS.

In exchange for the £42 billion bailout, followed by eight years of losses amounting to £60bn, the decision as to which branches of this zombie bank should close should be taken by MPS after consultati­on with constituen­ts, and RBS informed accordingl­y. A bigger case of the tail wagging the dog has never been seen.

MALCOLM PARKIN Kinnesswoo­d, Kinross

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