Uk to Bankroll Rbs 'for Years' ; Taxpayer Aid Hits Pounds 45bn State Holding May Reach 95% Toxic Loans Set to Multiply

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STRICKEN Royal Bank of Scotland will have to rely on taxpayer support for at least five years, its new boss warned yesterday.

Stephen Hester admitted that his plan to nurse the state- controlled lender back to health was entirely at the mercy of the turbulent financial markets.

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Uk to Bankroll Rbs 'for Years' ; Taxpayer Aid Hits Pounds 45bn State Holding May Reach 95% Toxic Loans Set to Multiply

The chief executive said: 'We're in the lap of what happens in the outside world.' The stark admission suggests that the government will have to wait for many years...

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