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Conservatives consider sale of bank stakes to private investors

CONSERVATIVE shadow chancellor George Osborne would consider selling the government&rsquo;s stakes in Lloyds Banking Group and Royal Bank of Scotland to non-banking investors, if the Tories win the general election.<br /><br />Osborne is understood to be in favour of greater diversity on the share registers of the banks and is keen to show that a Conservative administration would reward taxpayers for bailing out UK lenders.<br /><br />City bankers have raised the idea of selling the stakes into the hands of ordinary investors, a plan which is now one of a range of options being considered by the party.<br /><br />A member of Osborne&rsquo;s advisory team said: &ldquo;We are considering all options. This is one option being considered, but no decisions have been made.&rdquo;