Lloyds share down as deal stalls
Updated on 27 February 2009
Shares in the Lloyds banking group have lost more than a fifth of their value after admitting it still has not reached agreement with the government over its £250m worth of toxic assets.
Lloyds also said it expected to make losses this year after taking over its struggling rival, HBOS.
HBOS lost almost £11bn last year, while profits at Lloyds slumped by 80 per cent.
