£900m: High street bank returns to full private ownership

High street bank is returning to full private ownership

UK taxpayers Can enjoy a £900m windfall from the Government’s bailout of Lloyds Banking (LLOY). Chief executive Antonio Horta Osorio says taxpayers got back this sum above the amount put in to save the bank in 2009, once dividends are included.

Chancellor Philip Hammond has warned the 72% stake in fellow recipient of state funds Royal Bank of Scotland (RBS) could be sold at a loss.

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