Labour party pushes for taxpayer safety net in bank selloffs

Labour seeks a value-for-money test for disposals of holdings in Lloyds Bank and RBS, which has seen share price fall Labour is demanding the government spells out how it intends to ensure taxpayers get the best deal from any sale of stakes in Britain's bailed-out banks, amid expectations that the first chunk of Lloyds Banking Group shares could be sold shortly. The party has tabled amendments to the banking reform bill, which is due to be debated in parliament on Monday. If passed, they would f...