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In Summary The sacco's share capital is Sh752 million compared to Sh696 million in December last year, chairman Joseph Ngaai said during the shareholders' annual meeting held in Murang'a last week. The latest branch was opened in Nairobi at the Holy
U.K. government has sold a 7.8% stake in Lloyds Banking Group PLC for £4.2 billion ($6.93 billion), the latest step in the bank's return to health...Treasury that manages the stake, said Wednesday it had sold about 5.56 billion shares to
The Treasury authorised the sale of a 7.5pc stake in the UK's largest bank, in a move expected to raise more than £4billion. The sale of 5.4billion shares will reduce taxpayers' stake in the giant lender from 32.7pc to around 25pc, and marks the
Matt Ridley Calls On Mark Walport To Withdraw Unsubstantiated Accusation UK Government Chief Scientist Accused Of Name-Calling For Lack Of Evidence' Climate change has done more good than harm so far and is likely to continue doing so for most of
State-backed Lloyds Banking Group is handing out 395 million pounds ($651.12 million) in bonuses for last year, including an award of just under 2 million pounds to its chief executive, Sky News reported, without citing sources. British taxpayers'
Lloyds Bank is poised for a return to private ownership within 18 months, while part-nationalised rival Royal Bank of Scotland faces some major hurdles before it can regain independence. The British government viewed its September sale of a 6 percent
Taxpayers took a loss of at least £230 million from the return of a 6 per cent chunk of Lloyds Banking Group to the private sector, according to a National Audit Office (NAO) report. The figure, which takes into account the cost of borrowing money to
The family owned five horses and enjoyed several foreign holidays a year to Florida, the South of France, their villa in Majorca and, every New Year without fail, Barbados for two weeks. They would also eat at restaurants at least twice a week. '
Lewis Carroll , Through the Looking-Glass, and What Alice Found There (1871) I recently revisited an interesting book by evolutionary scientist Matt Ridley that was the subject of a previous blog...Continuous improvement allows living species to
ET Aberdeen Asset Management PLC is set to buy Scottish Widows Investment Partnership from Lloyds Banking Group PLC for £500 million ($803 million) in shares in a deal that could be announced Monday, according to people familiar with the deal process.