Chancellor blames market turbulence’ for postponement of sell-off that was originally scheduled to hold place this springGeorge Osborne has postponed the sale of the final taxpayer-owned tranche of Lloyds Banking Group shares, blaming “market turbulence”.
The chancellor pledged in final year’s election manifesto to sell the remaining stake in the bank – just under 10% of the company to the public this spring. Continue reading...
Source: theguardian.com