Labour has called on the Government to ensure taxpayers get their money back when they sell off six per cent of Lloyds Banking Group.
Chris Leslie, Labour's shadow financial secretary to the Treasury, said:
“It’s vital that taxpayers get their money back and this must be the prime consideration in the sale of the government’s stakes in the banks.
"And as Labour has consistently said any profits from the sale should be used to repay the national debt."
Chancellor tells ITV News the sale of £3.21bn worth of Lloyds shares will not necessarily trickle down to struggling households.
The Treasury has started the process of one of the most anticipated business deals in years, but will the taxpayer get their money back?