» Thursday, October 15, 2009
Lloyds
Asked about the Government underwriting a 5billion share issue, the PMS said that the Treasury had issued a statement on this this morning. This set out that talks with Lloyds were ongoing and that no decision had been taken. The key point was that any decision must be in the best interests of taxpayers and the stability of the financial system. These criteria remained unchanged.
Briefing took place at 16:45 | Search for related news
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