Loss of 17.6bn if banks sold

TAXPAYERS would make losses of &pound;17.6bn if the government sold out of Lloyds Banking Group and Royal Bank of Scotland (RBS) &nbsp;at today&rsquo;s prices, Exane BNP Paribas said yesterday.<br /><br />The figures indicate that any sell-off of the government&rsquo;s stake in either Lloyds or RBS is unlikely ahead of the next general election.<br /><br />BNP Paribas calculated if the government sold its stakes in Lloyds and RBS now, it would lose &pound;10.9bn, and &pound;6.7bn respectively. UKFI, the body which is managing the shares, has said it intends to sell the stakes back to the market as soon as possible.&nbsp;