We have updated our Terms of Use.
Please read our new Privacy Statement before continuing.

Humbling the Black Horse

7 March 2009 By George Hay

The UK bank has finally signed up for the government s asset insurance scheme at comparable terms to RBS. The new capital should get Lloyds through the recession. But existing holders lose out badly the state could end up with a 77% shareholding. They will blame management.

This content is for Subscribers only


Email a friend

Please complete the form below.

Required fields *


(Separate multiple email addresses with commas)