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UK may extend trading plan deadline to sell more Lloyds shares

The UK government's stake in Lloyds has been cut to 19.9 per cent from 24.9 per cent through the plan, which has so far raised over £2.5 billion for taxpayers.


BRITAIN is considering selling more shares in Lloyds Banking Group by extending a trading facility beyond the current deadline at the end of June, people with knowledge of the matter said.

Morgan Stanley has sold a 5 per cent stake in Lloyds since December through a "pre-