THE Government could start selling off part of its remaining stake in Lloyds Banking Group in days.
Chancellor George Osborne has launched a trading plan, which will see shares gradually sold in the market.
The plan will be in place for about six months. Shares will not be sold below the average price, which the previous government paid for them, which was 73.6p.
Mr Osborne said: "This is another step in reducing our national debt and getting taxpayers' money back."
The Government said earlier sales of its stake in Lloyds had raised £7.4bn, reducing the taxpayer share from about 40 per cent to about 25 per cent.
Taxpayers still own a share of the business, which also includes Halifax, after its £20bn rescue in the financial crisis.
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