Correspondence

Letter from OFT to Chancellor: recommendations on Lloyds Banking Group and Royal Bank of Scotland divestments

This publication was published under the 2010 to 2015 Conservative and Liberal Democrat coalition government

The Office of Fair Trading’s recommendations on the impact of divestments being made by Lloyds Banking Group and Royal Bank of Scotland.

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The Office of Fair Trading (OFT) has written to the Chancellor laying out its findings and recommendations on the impact of the divestments currently being made by Lloyds Banking Group (LBG) and Royal Bank of Scotland (RBS) in increasing choice and competition in the banking sector.