The UK government has pumped in billions of dollars in the then ailing European banks two years back and it seems that the payback time is about to start for the government soon.
An independent analysis by a leading business newspaper has indicated that the UK government is set to earn over 35 billion dollars of profit from these investments as the share prices of these banks would be going up further. The calculation assumes the banks to get into huge profits over the coming years.
The expected profit could help the government to cut down the budget deficit sharply, as per the analysis.