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Lloyds share sale attracts first-time investors, says Hargreaves Lansdown

Discussion in 'Market News' started by Lily, Oct 26, 2015.

  1. Lily

    Lily Forum Member

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    One in eight of the 170,000 people who registered interest with financial firm are first-time investors

    George Osborne’s pledge to offer cut-price Lloyds Banking Group shares to the public next year appears to have attracted a new range of investors.

    According to research by financial firm Hargreaves Lansdown, one in eight of the 170,000 people who have registered for its email updates are first-time investors, while one in five had been involved in other flotations or privatisations in the 1980s and 90s, Hargreaves Lansdown said.

    Related: The big banks are back: and Lloyds looks like a bargain

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