Osborne vows to get taxpayers' money back on Lloyds

The Chancellor George Osborne has said the sell-off of Lloyds Banking Group "is another step of repairing what went so badly wrong in the British economy."

He added: 'I've been absolutely determined to get that money back for taxpayers and pay down debt, that is what we've started to do today."

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Govt sells 6% Lloyds stake

The Government has sold a 6 per cent stake in Lloyds Banking Group for £3.21 billion at a share price of 75p.