UK sells 4.2 billion pounds of shares in Lloyds



Britain began to offload its 39 percent shareholding in Lloyds last September, which was seen as a milestone in the country's recovery from the 2008 financial crisis, when taxpayers pumped a combined 66 billion pounds into Lloyds and RBS. Bankers and analysts said UKFI could completely sell its stake in Lloyds before a UK election due in 2015.
(Reporting by Steve Slater; Editing by Huw Jones)
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26 March 2014 in Business, Views: 27
Source: Reuters
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