Osborne rules out pre-election sale of Lloyds shares to retail investors

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Chancellor George Osborne is set to rule out a sale of Lloyds Banking Group shares to retail investors before next year's general election, according to reports.

The Treasury has decided the prospect of market volatility, along with the time it would take to implement a public share sale, would create "an unacceptable level of risk", according to Sky News. The...

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