Lloyds Banking Group

Policy Exchange recommends to give away £34bn RBS and Lloyds Bank Shares to Taxpayers

According to reports of Policy Exchange, some £34bn of the Government's £48bn holding in Lloyds Banking Group and Royal Bank of Scotland should be given to 48 million Britons. The chancellor's think tank has claimed that the Coalition should distribute shares in state-owned banks to taxpayers ahead of the next general election.


Lloyds Confident to Meet Capital Requirement

Lloyds Banking Group said on Wednesday that it is in a very good position to strengthen its capital position as demanded by the U. K. regulator. It said that it is confident to meet capital requirement without issuing new shares or being forced to convert bonds into shares.


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