A Royal Bank of Scotland manager suggested struggling business customers be left to “hang themselves” following the 2008 financial crisis that saw taxpayers spend £45bn to bail out the failed bank.
The 2009 internal memo, called “Just Hit Budget!”, provided staff with a list of ways to squeeze money out of business clients scrambling to repay loans following the collapse of banking giant Lehman Brothers, HBOS and Edinburgh-based RBS.
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