Lloyds Banking Group

(asked on 8th February 2017) - View Source

Question to the HM Treasury:

To ask Mr Chancellor of the Exchequer, what assessment he has made of the effect on small investors of the cancellation of the public offer of shares in Lloyds Banking Group.


Answered by
 Portrait
Simon Kirby
This question was answered on 23rd February 2017

I refer the Honourable Member to the Written Ministerial Statement made by the Chancellor to the House in October 2016 concerning the Government’s shareholding in Lloyds which he may find useful.

(https://hansard.parliament.uk/Commons/2016-10-10/debates/1610102000012/LloydsBankingGroupGovernmentShares?highlight=lloyds%20bank#contribution-3A623DFD-7653-4A00-B93C-3F8E9A05CAB9)

I should also clarify that retail investors, like any other investor, remain able to buy shares in Lloyds by purchasing shares via a stockbroker.

Reticulating Splines