United Kingdom Breaking News: Lloyds Shares Hit Two-year High on Overseas Buyers' Interest

Now watching

Next video starts in : 7 Play

United Kingdom Breaking News: Lloyds Shares Hit Two-year High on Overseas Buyers' Interest

United Kingdom Breaking News: Lloyds Shares Hit Two-year High on Overseas Buyers' Interest
Replay video
Up next

Scots vote on independence referendum

Scots vote on independence referendum Up next

Scots vote on independence referendum

Unlock your personal NFL Now stream by signing in to NFL.com

United Kingdom Breaking News: Lloyds Shares Hit Two-year High on Overseas Buyers' Interest

Wochit 0:59 mins

Lloyds Banking Group shares jumped to a 2-1/2 year high as overseas investors stepped up their interest in buying part of the bank and media reports suggested some may want half the government's stake. Former Standard Chartered chief executive Mervyn Davies is talking to others about forming a consortium to be an "anchor" or cornerstone investor in part-nationalized Lloyds- which the government is planning to sell. Britain will push ahead with its biggest privatization in decades when it unveils plans for a $3.7 billion stock listing of state postal operator Royal Mail. Jaguar Land Rover (JLR) and logistics firm DHL said that plans are in place to minimize the impact on production at the carmaker's British plants from a threatened strike by DHL staff.

View Comments (0)