UK banks and the State The way was paved on Tuesday for the biggest shake-up in Britain’s banking and insurance market for years, opening up an array of opportunities for buyers keen to gain their first foot-hold in the UK.
Long-awaited plans to sell off a large chunk of assets owned by Lloyds Banking Group and Royal Bank of Scotland will scale back the powerful presence of these banks as each is forced to sacrifice a significant proportion of their core banking operations.
