Bailing out the banks was not a decision made by this government; however, we must now make the decisions of how to handle the consequence. The Chancellor has previously announced the Government’s intention to return RBS to private ownership and so far has sold 5.4 per cent of the Royal Bank of Scotland, raising £2.1 billion which will be used to pay down the national debt. Analysis has shown that the current economic climate allows for the government to improve the value of its remainder of its shareholding through its sale and so I welcome such progress.