Lloyds sale may be put on hold
THE TREASURY could delay the next tranche of share sales in part-nationalised bank Lloyds, following advice from UK Financial Investments.
Market volatility and a slower recovery for the bank than had been expected may delay the sale until the autumn, the BBC reported last night.
The long-awaited return to full privatisation of the bank has been expected to take place soon, with Lloyds shares above the price the state paid for them.