Britain draws line under Lloyds rescue with $26 billion recovery

Taxpayers have recouped all of the 20.3 billion pounds invested in the bailout of Lloyds Banking Groupduring the 2008 financial crisis, Britain's Chancellor of the Exchequer Philip Hammond said on Friday.The government has received 20.4 billion pounds from share sales and dividends since it began selling its stake in 2013, Hammond said in a speech delivered in Washington at the International Monetary Fund spring meeting.Britain, which has been selling chunks of the shares every three or four wee