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    Grim numbers from Lloyds

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    euronews (in English)

    by euronews (in English)

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    The part state-owned British bank Lloyds said losses last year were the equivalent of 4.1 billion euros and it is pushing back key targets of its turnaround plan.

    Lloyds, which is 40 percent owned by the UK government after a state bailout during the 2008 financial crisis, forecast its revenues would fall further this year, after dropping 10 percent in 2011.

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