A Bill to transfer the ownership of the Royal Bank of Scotland to its customers and employees; and for connected purposes.
House of Commons
Gareth ThomasLabour (Co-op)
28 April 2017
May contain errors — check source documents for definitive information.
The bill would transfer ownership of the Royal Bank of Scotland from the government to its customers and employees, creating a mutual-style bank. It outlines how that ownership and governance would be structured, with the aim of giving customers and staff a say in the bank’s future.
Originated in the Commons, with a first reading on 13 December 2016; it is currently at the 2nd reading in the Commons. If it progresses, it would move to the committee stage for detailed examination.
Generated 21 February 2026
13 Dec 2016
This Bill was expected to have its second reading debate on Friday 12 May 2017.
However, as a General Election has now been called and Parliament will be dissolved from 3 May 2017, the Bill falls and no further action will be taken.
No recorded votes for this bill yet.