Lloyds fears EU may force it to sell core businesses - papers

According to The Times, the bank also admitted for the first time that the terms of the government scheme insuring it against losses on £260 billion of problem loans and investments might be watered down. Previously, it had called the deal non-negotiable. Shares in the bank fell by nearly 30 per cent to 70½p, partly amid worries about these political uncertainties - although the bulk of the share slide was technical, because the date passed for eligibility to take part in its £4 billion capital-raising. In another blow, one of the favourites to succeed Sir Victor Blank as chairman dropp...