article_snippet.sent: The loss is a blow to taxpayers, who own 80 per cent of the bank, and comes at an awkward time for Chancellor George Osborne, six days before the General Election.
article_snippet.sent: Chief executive Ross McEwan said: ‘This is going to be another tough year.
article_snippet.sent: Jonathan Isaby, of the TaxPayers’ Alliance, said: ‘These losses are enormous and will unnerve taxpayers desperate to get rid of the liabilities for the troubled bank.
highlights_snippet.sent: Lurched to a £446million loss for the first three months of the year .