Heavily nationalised Lloyds Banking Group, 41% owned by the state, earlier this year posted £2.2bn in annual profits after being bailed out by the government at the height of the financial crisis in 2009. In 2009, it had made a £6.3bn loss.
[Finance & Economics Contributor]
- Bailed-out Lloyds has £2.2bn profit (mirror.co.uk)
- AUDIO: ‘A very good year’ for Lloyds (news.bbc.co.uk)
- Bailed-out Lloyds to reveal profit (mirror.co.uk)
- Lloyds move back into the black (independent.co.uk)