Treasury plans £2bn retail Lloyds share sale next year

Government set to fully exit bank

Laura Dew

The government has announced plans to begin a retail sale of Lloyds Banking Group shares next spring worth £2bn as it aims to fully exit its holdings.

At least £2bn of shares will be sold to retail investors and members of the public will be offered a discount of 5% of the market price, the Treasury has announced. An additional incentive will see...

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