Lloyds shares pass break-even price

Updated

Lloyds Banking Group shares were trading above the Government's break-even price on Friday, fuelling speculation that taxpayers will soon start to recoup the more than £20 billion spent rescuing the lender.

Shares in the 39% state-owned bank rose above the 61.2p level at which the Government said it would break even on its 2008 bailout, and are now at their highest point for two years.%VIRTUAL-SkimlinksPromo%

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