The Chancellor, George Osborne, is considering a delay to the sale of Lloyds shares until the summer after global turmoil in the financial markets sent shares plummeting last week. He had hoped to sell £first worth of Lloyds shares to retail investors as soon as March, however, bankers say if conditions are not right, he may be forced to wait until the bank issues its first quarter results at the end of April.
The Chancellor, George Osborne, is considering a delay to the sale of Lloyds shares until the summer after global turmoil in the financial markets sent shares plummeting last week. He had hoped to sell £2bn worth of Lloyds shares to retail investors as soon as March, however, bankers say if conditions are not right, he may be forced to wait until the bank issues its first quarter results at the end of April.