Fear for Lloyds Bank As Shares Plunge ; Treasury: Bail-Out Will Work

Summary


SHARES in Lloyds slumped again today as fears increased that the Government could be forced to nationalise the bank to save it from collapse.

Within minutes of the stock market opening, the share price, which fell 30 per cent on Friday, tumbled by a further 11 per cent to 54.5p. The shares are worth an eighth of their Pounds 4.50 price of 12 months ago.

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Fear for Lloyds Bank As Shares Plunge ; Treasury: Bail-Out Will Work

Last week Lloyds Banking Group announced Pounds 10 billion los...

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