Media playback is unsupported on your device

Chancellor: Lloyds shares to be available to everyone

17 September 2013 Last updated at 18:36 BST

Chancellor, George Osborne has said the government plans to offer shares in Lloyds bank to the public - but would not be drawn as to when.

It has been confirmed that 6% of the stake the state owns in the bank - was sold to private investors, raising £3.2bn.

Public ownership of the bank is now 32.7% and the Chancellor said it's an "opportunity to get the British tax-payer's money back after they put all that money in 5 years ago".

BBC © 2014 The BBC is not responsible for the content of external sites. Read more.

This page is best viewed in an up-to-date web browser with style sheets (CSS) enabled. While you will be able to view the content of this page in your current browser, you will not be able to get the full visual experience. Please consider upgrading your browser software or enabling style sheets (CSS) if you are able to do so.