Lloyds Banking Group has now fully returned to private ownership, as the government has today confirmed it’s sold its remaining stake in the Group.
The government had to buy a 43% shareholding in the banking group, which includes Bank of Scotland, Halifax, and Lloyds, in the midst of the banking crisis in 2009. This move cost the government £20.3 billion.
Source Moneywise http://ift.tt/2pKol2D
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