{"id":70626,"date":"2016-05-17T12:22:45","date_gmt":"2016-05-17T12:22:45","guid":{"rendered":"http:\/\/mostafa.openonline.co.uk\/?guid=bef79ecf03449251d368ae7572ff111b"},"modified":"2016-05-17T12:22:45","modified_gmt":"2016-05-17T12:22:45","slug":"news-story-latest-lloyds-dividend-payment-takes-total-recovered-for-taxpayers-to-over-16-8-billion","status":"publish","type":"post","link":"https:\/\/mostafa.openonline.co.uk\/?p=70626","title":{"rendered":"News story: Latest Lloyds dividend payment takes total recovered for taxpayers to over \u00a316.8 billion"},"content":{"rendered":"<div class=\"govspeak\">\n<p>The government will receive a dividend payment from Lloyds of \u00a3130 million today, taking total dividends received to \u00a3318 million.<\/p>\n<p>The latest dividend payment takes the total the government has recovered from Lloyds for taxpayers to over \u00a316.8 billion. Since the financial crisis the government has recovered over \u00a375 billion of financial assets for the taxpayer.<\/p>\n<p>Economic Secretary to the Treasury, Harriett Baldwin, said:<\/p>\n<blockquote>\n<p>The \u00a3130 million we\u2019ve received today marks another milestone in government\u2019s plan to recover the money taxpayers were forced to put into Lloyds during the financial crisis.<\/p>\n<p>The government has already recovered over 80% of its original investment in Lloyds and today\u2019s dividend payment takes the amount we\u2019ve recovered from the bank to over \u00a316.8 billion.<\/p>\n<p class=\"last-child\">I am determined to build on this success by making Lloyds shares available to the public this year, so that we can build a share-owning democracy and continue to reduce our national debt.<\/p>\n<\/blockquote>\n<p>The government\u2019s stake in Lloyds currently stands at around 9.2%. The government is committed to launching a retail sale of Lloyds Banking Group shares and to fully returning its stake to the private sector in 2016 to 17.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Latest payment takes total dividends received to \u00a3318 million.<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[13],"tags":[],"_links":{"self":[{"href":"https:\/\/mostafa.openonline.co.uk\/index.php?rest_route=\/wp\/v2\/posts\/70626"}],"collection":[{"href":"https:\/\/mostafa.openonline.co.uk\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mostafa.openonline.co.uk\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mostafa.openonline.co.uk\/index.php?rest_route=\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/mostafa.openonline.co.uk\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=70626"}],"version-history":[{"count":0,"href":"https:\/\/mostafa.openonline.co.uk\/index.php?rest_route=\/wp\/v2\/posts\/70626\/revisions"}],"wp:attachment":[{"href":"https:\/\/mostafa.openonline.co.uk\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=70626"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mostafa.openonline.co.uk\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=70626"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mostafa.openonline.co.uk\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=70626"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}