"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.
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.
WASHINGTON (AP) — Iran's growing influence in Iraq is setting off alarm bells, and nowhere is the problem starker than in the high-stakes battle for Tikrit. It marks a crucial fight in the bigger war to expel the Islamic State group from Iraq, and yet Iran and the Shiite militias it empowers — not the U.S. — are leading the charge.
WASHINGTON (AP) — No, it's not always a room filled with wires and glowing blue lights. It's probably not even the size of your furnace. The personal email server used by Hillary Rodham Clinton during her time as secretary of state was probably about the size of your office desktop computer and could have been tucked quietly in a corner somewhere.