Retail investors are likely to be able to join in the next sale of the government's stake in Lloyds, the Chancellor said yesterday. Flush from the success of the government's inaugural sale of some of its shares for 3.2bn pounds, George Osborne said: "I will consider all options for later sales of our shareholding in Lloyds, including a retail offering to the public." The sale of 4.28bn pounds of the government's shares in about three hours on Monday evening at 75p each was 2 [18 Sep '13]
Utilities stocks Severn Trent and United Utilities were on the rise as investors grew cautious as the US Federal Reserve begins its two-day meeting during which the central bank will debate whether the economy has improved enough to start scaling back its monetary stimulus. [17 Sep '13]
Banking stocks were among the worst performers in London on Tuesday with Lloyds sinking after the government began to sell-off its stake in the lender five years after its state bailout back in 2008. [17 Sep '13]
The upcoming all-important policy decision by the Federal Reserve prompted an element of caution on stock markets across Europe on Tuesday, with the FTSE 100 pulling back from a six-week high. [17 Sep '13]
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