Taxpayers benefit from Lloyds dividend

Lloyds Banking Group has paid its first dividend to shareholders since it was bailed out in 2008, a total of £535 million. In what Chancellor George Osborne has called a ‘major milestone’ for the British economy, the Treasury’s 23.9% stake in Lloyds will pay out £130 million. Mr Osborne said: ‘This is good news not … Read more Taxpayers benefit from Lloyds dividend