Sales at Skipton and RBS

SKIPTON Building Society could put its debt-collection subsidiary Homeloan Management up for sale for about £200m, it has been reported.

Skipton has refused to comment on speculation that it has been looking for buyers for the business.

The business collects payments due on £50bn of British mortgages.

Meanwhile, Royal Bank of Scotland has said that is continuing discussions with a number of interested parties connected with the sales of its insurance operations.

The insurance businesses employ more than 3,000 people in Yorkshire in group’s including Direct Line, Privilege and Green Flag.