Did UK government miss the bus with Lloyds? - The Sun
The main story of the UK corporate world today is - Lloyds Bank profit doubled up in the first three months of the year.
This is indeed great news! However, it appears from the taxpayer point of view, the UK government may have missed the bus. The bank is witnessing a turnaround in fortunes and the share price is on the rise, but the government stake in Lloyds now stands below 2%.
Listen to Rhodri Phillips, City Editor at talk about Lloyds results and the government’s decision to return the lender to the private sector. Also discussed is the outlook for RBS, AstraZeneca.
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