MPs question Lloyds

Lloyds' bosses will face questions from MPs on the Treasury Select Committee today over the attempted sale of part of its branch network to the Co-op Bank. The deal, eventually scuppered by the Co-op's financial crisis, was accused of being promoted by the Government to boost the mutual banking sector.

Lloyds declined to comment on reports it had provided evidence to the MPs robustly disputing any political pressure.