The taxpayer's stake has fallen to 13.99 percent, the ministry added.
Lloyds was rescued at a cost of 20.5 billion pounds to taxpayers during the 2007-9 financial crisis.
(Reporting by Carolyn Cohn; editing by Sinead Cruise)
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5-day change | 1st Jan Change | ||
51.2 GBX | -1.12% | +0.39% | +7.32% |
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LONDON (Reuters) - Britain has reduced its stake in Lloyds Banking Group to below 14 percent, the finance ministry said in a stock market disclosure on Monday.
The taxpayer's stake has fallen to 13.99 percent, the ministry added.
Lloyds was rescued at a cost of 20.5 billion pounds to taxpayers during the 2007-9 financial crisis.
(Reporting by Carolyn Cohn; editing by Sinead Cruise)
1st Jan change | Capi. | |
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+17.11% | 172B | |
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