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UK's Osborne Pressed For More Detail Over Failed Lloyds Branch Sale

British finance minister George Osborne was on Thursday pressed for more details about the government's involvement in a collapsed deal to sell hundreds of Lloyds Banking branches to the Co-operative Bank. Lawmakers conducting an inquiry into the planned sale, which fell through in April last year, are trying to establish whether undue political pressure was applied to Lloyds or regulators to sell 631 high-street branches to the Co-op.

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