'Vain' Bank Blows Pounds 2m

Summary


THE taxpayer-owned Royal Bank of Scotland is blowing pounds 2million on lavish 15-page finance statements for one million account holders.

The bank, bailed out by the Government in 2008 after pounds 24billion losses, is accused of wasting cash while laying off staff. One customer said: "It's just a giant vanity exercise."

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'Vain' Bank Blows Pounds 2m

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