Lloyds bank shares reach break-even point for UK government sale

LONDON (Reuters) - Shares in Britain's state-backed Lloyds Banking Group rose above the level the government paid for them for the first time in 5 months on Wednesday, raising speculation the state will sell off stock to repay taxpayers who funded a bailout eight years ago.Lloyds shares breached 73.6 pence apiece, the average the government paid for them, and were trading at that level as of 1423 GMT. The shares last traded above the threshold in December.Chancellor George Osborne is looking to

from Reuters: Top News http://uk.reuters.com/article/uk-lloyds-stocks-idUKKCN0YG22L?feedType=RSS&feedName=topNews