Nick Clegg has thrown his backing behind proposals to give the public shares in part-nationalised banks Lloyds and RBS.
The idea is based on the principle that individual taxpayers would benefit from any long-term gains made by the bank when they are eventually sold.
Both banks were bailed out using taxpayer money and the announcement has been met warmly by the deputy prime minister.
It is not believed that the proposals could come to fruition anytime soon as they are in the early stages and the banks are currently working at a loss however.
West Yorkshire investment banker David Battersby from Redmeyne Bentley believes the government would have to hold them for a while before they become profitable to the public:
"Once you have got these shares in your own possession, you can make a decision to hold on or you can sell these shares which will provide you with some much need money for this austier period that were are going through" he said.
Isaac Fanin has more:
Bankerswrap2 by BCB News
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