British government successfully sells 6% stake at Lloyds and collects £3.2bn

Wednesday, September 18th 2013 - 01:07 UTC

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The British government has sold a 6% stake in Lloyds Banking Group at a price of 75p a share, raising £3.2bn. The disposal cuts the government's stake in Lloyds from 38.7% to 32.7% and represents a cash profit of £61m for the Treasury. Read full article

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Briton
Yahoo / yippee / great,
More money for the wealthy / rich / powerful, MPs,

Sadly
Not much for the poor, [again ]
..

.
Sep 18th, 2013 - 07:17 pm - Link - Report abuse 0
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