The British government has confirmed its remaining shares in Lloyds Banking Group have been sold, eight years after pumping in £20 billion to save it.
Lloyds Bank said the UK government will see a return of £21.2 billion on its investment.
At the height of the financial crisis, British taxpayers owned 43% of Lloyds.
Its return to the private sector is in stark contrast with the other bailed-out bank, Royal Bank of Scotland, that is still 73% owned by taxpayers.
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UK government sells all its shares in Lloyds Banking Group
4:22 pm, Wed May 17, 2017
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