Lloyds Banking Group

(asked on 3rd November 2014) - View Source

Question to the HM Treasury:

To ask Mr Chancellor of the Exchequer, what discussions he has had with Lloyds Bank since its announcement of 9,000 job losses.


Answered by
Andrea Leadsom Portrait
Andrea Leadsom
This question was answered on 20th November 2014

Details of the Chancellors meetings are published in HMT transparency returns.

The Government’s shareholding in Lloyds is managed at arm’s length from HM Treasury by UK Financial Investments Ltd. In accordance with UKFI’s investment mandate, the Government does not seek to intervene in the operational management of Lloyds Banking Group.

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