#AceFinanceNews – Markets: June.23: LONDON (Reuters) – Britain’s top share index edged higher on Tuesday, lagging a Greece-fuelled rally in euro zone shares, with weak results from outsourcing company Bunzl weighing down gains.
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#AceFinanceNews – #Update:June.23: LONDON (Reuters) – Britain has reduced its stake in Lloyds Banking Group to below 17 percent, the finance ministry said in a stock market disclosure on Tuesday.
The taxpayer’s stake has fallen to 16.87 percent, the ministry added.
Lloyds was rescued at a cost of 20.5 billion pounds to taxpayers during the 2007-9 financial crisis.
(Reporting by Carolyn Cohn, editing by Sinead Cruise)
Britain cuts Lloyds Banking Group stake to below 17 percent
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