King rejects Lloyds sale claims

Updated
File photo dated 19/06/13 of former Bank of England governor Lord King who has rebuffed suggestions that he was aware of any improper political interference in the decision by state-backed Lloyds Banking Group to sell more than 600 branches to the Co-operative Bank. PRESS ASSOCIATION Photo. Issue date: Monday March 24, 2014. Lord King wrote to the Treasury Select Committee to respond to a claim made by the head of a rival bid team. Lord Levene, who was chairman of NBNK Investments, had told MPs that Lloyds was

%VIRTUAL-SkimlinksPromo%Former Bank of England governor Lord King has rebuffed suggestions that he was aware of any improper political interference in the decision by state-backed Lloyds Banking Group to sell more than 600 branches to the Co-operative Bank.

Lord King wrote to the Treasury Select Committee to respond to a claim made by the head of a rival bid team.

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