CAMPAIGNERS dressed as George Osborne delivered a 119,000-signature petition to the Treasury yesterday demanding that the public share in Royal Bank of Scotland (RBS) is not sold.

The suited-and-booted activists from Move Your Money (MYM) dressed as bankers and the Chancellor himself and then threw wads of fake £10 notes over Mr Osborne to highlight the absurdity of his planned “reckless firesale” of the government’s 79 per cent stake in RBS.

Taxpayers would lose around £14 billion from the sale, which would sufficiently cover the Tories’ swingeing £12bn cuts to welfare.

Yet £45bn of taxpayers’ cash has been pumped into RBS since the 2008 financial crash.

“Our petition shows that there is massive interest from the public in exploring all the options for the future of RBS and that there is no public mandate for robbing us of our dues from a bank we already own,” said MYM campaign manager Fionn Travers-Smith.

“Instead of being flogged off on the cheap to those who caused the crisis, RBS should be converted into a network of local banks that support the real economy, lend to businesses and make financial crises less likely to happen.”

Mr Osborne’s plans are proof of his “dereliction of duty” as Chancellor, Mr Travers-Smith said, as the only way to fix Britain’s broken banking system is to involve the public in the debate.

MYM protesters also cut up mock debit and credit cards showing how much each bank invests in fossil fuels.

More than £66 million in oil, gas and coal extraction assets is held by HSBC, Barclays, Lloyds, RBS and Santander, according to MYM.