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