George Osborne defends decision to put off Lloyds Bank share salepublished at 11:58 Greenwich Mean Time 28 January 2016
Chancellor George Osborne has defended his decision to postpone the sale of the government's final stake in Lloyds Banking Group.
He told the BBC he would not go ahead with the sale - despite the fact hundreds of thousands of people are interested in buying shares - while the markets are turbulent.
"We need the markets to calm down," he added.