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Government sells more Lloyds shares – BBC News

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    Government sells more Lloyds shares – BBC News

    The government has sold another tranche of shares in taxpayer-backed Lloyds Banking Group, reducing its stake in the bank to below 20%.The latest share sale sees £500m returned to the taxpayer and means around £10bn has now been recouped.Lloyds received £20bn at the height of the financial crisis, with taxpayers taking a 40% stake in... Read more »

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