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HomeMore NewsBanking & FinanceDid the Treasury take a hit on $1.5 billion?

Did the Treasury take a hit on $1.5 billion?

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LONDON (CU)_ Last year, with the aim of preserving capital through the worst of the pandemic, the Bank of England banned banks from paying dividends to shareholders. However, as the biggest shareholder, the decision cost the British government hundreds of millions of pounds.

The British government once again completed a sale of 580 million shares of…

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