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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.

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Taxpayer to learn investors' valuation of Lloyds

The Government revealed plans to sell six per cent of its stake in Lloyds Banking Group. Credit: PA

This morning the British taxpayer will learn what investors are prepared to pay for Lloyds banking group.

The figure should be around £3.3bn.

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