{"id":284,"date":"2013-09-18T07:36:45","date_gmt":"2013-09-18T07:36:45","guid":{"rendered":"http:\/\/www.asadkarim.co.uk\/?p=284"},"modified":"2013-09-18T07:36:45","modified_gmt":"2013-09-18T07:36:45","slug":"lloyds-banking-group-re-floatation-begins","status":"publish","type":"post","link":"https:\/\/www.asadkarim.co.uk\/?p=284","title":{"rendered":"Lloyds Banking Group: Re-Floatation Begins"},"content":{"rendered":"<p>Yesterday, HM Government&#8217;s UK Financial Investments (UKFI) sold 6% of the shares held in Lloyds.The price obtained was 75p a share, raising \u00a33.2bn for HM Treasury. The disposal cuts the government&#8217;s stake in Lloyds from 38.7% to 32.7%.<\/p>\n<p>[<a title=\"HM Treasury Press Release: Lloyds Banking Group\" href=\"https:\/\/www.gov.uk\/government\/news\/government-begins-sale-of-its-shares-in-lloyds-banking-group\" target=\"_blank\">https:\/\/www.gov.uk\/government\/news\/government-begins-sale-of-its-shares-in-lloyds-banking-group<\/a>]<\/p>\n<p>Interesting to read the press release from HM Treasury.<\/p>\n<p>&#8220;<em><strong>A profit has been made from the sale, which will be used to pay down the national debt&#8230;&#8230;.The money will be used to reduce the national debt by over half a billion pounds<\/strong><\/em>&#8221;<\/p>\n<p>Makes a change to see a reduction in the UK National Debt.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Yesterday, HM Government&#8217;s UK Financial Investments (UKFI) sold 6% of the shares held in Lloyds.The price obtained was 75p a share, raising \u00a33.2bn for HM Treasury. The disposal cuts the government&#8217;s stake in Lloyds from 38.7% to 32.7%. [https:\/\/www.gov.uk\/government\/news\/government-begins-sale-of-its-shares-in-lloyds-banking-group] Interesting to read the press release from HM Treasury. &#8220;A profit has been made from the [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-284","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/www.asadkarim.co.uk\/index.php?rest_route=\/wp\/v2\/posts\/284","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.asadkarim.co.uk\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.asadkarim.co.uk\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.asadkarim.co.uk\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.asadkarim.co.uk\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=284"}],"version-history":[{"count":1,"href":"https:\/\/www.asadkarim.co.uk\/index.php?rest_route=\/wp\/v2\/posts\/284\/revisions"}],"predecessor-version":[{"id":285,"href":"https:\/\/www.asadkarim.co.uk\/index.php?rest_route=\/wp\/v2\/posts\/284\/revisions\/285"}],"wp:attachment":[{"href":"https:\/\/www.asadkarim.co.uk\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=284"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.asadkarim.co.uk\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=284"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.asadkarim.co.uk\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=284"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}