..would have cost us all hugely more than that £20 billion. So, even if we'd never got any of the money back it was still worth it. And that we have now got all the money back means we're even further into profit. Because we didn't end up with smoking rubble where the financial system used to be.
- Reuters•2 days ago
Taxpayers have recouped all of the 20.3 billion pounds ($26 billion) invested in the bailout of Lloyds Banking Group during the 2008 financial crisis, British finance minister Philip Hammond said on Friday. The government has received 20.4 billion pounds from share sales and dividends since it began selling its stake in 2013, Hammond said in a speech delivered in Washington at the International Monetary Fund spring meeting. Britain, which has been selling chunks of the shares every three or four weeks this year, plans to sell the rest of its shareholding of less than 2 percent "in the coming months".
- TheStreet.com•4 days ago
Price dip hasn't attracted aggressive selling.
LLOY.L : Summary for LLOYDS BANKING GROUP PLC ORD 10 - Yahoo Finance
Lloyds Banking Group plc (LLOY.L)
LSE - LSE Delayed Price. Currency in GBp
Add to watchlist
|Bid||62.00 x 2429200|
|Ask||64.90 x 2154700|
|Day's Range||63.46 - 64.56|
|52 Week Range||47.10 - 74.00|
|PE Ratio (TTM)||26.82|
|Dividend & Yield||0.03 (4.25%)|
|1y Target Est||N/A|