Summary
Lloyds Banking Group is planning to hand out bonuses totalling about pounds120 million to staff, despite last week's announcement of losses totalling pounds10 billion by its HBOS subsidiary, it was reported yesterday.
The Sunday Telegraph quoted unnamed "sources close to Lloyds" as saying the group was in discussions over the bonuses with UK Financial Investments, the Government-owned body which oversees the taxpayers' 43 per cent stake in the bank.See the full content of this document
Extract
'Lloyds to Hand Out Pounds120m Bonuses'
A spokesman for UKFI would not comment on the report of Ll...
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