BREAKING: Britain’s state-rescued Lloyds bank back in private hands

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British bank Lloyds, bailed-out by the UK government at the height of the financial crisis, has returned to full private ownership, the two bodies said on Wednesday.

“Lloyds Banking Group has… notified the market that the government’s stake in the group has been reduced to zero; as such, the group has returned to full private ownership,” said a statement.

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