Lloyds faces angry shareholders after HBOS takeover

Lloyds Banking Group will today face shareholders amid mounting anger over its HBOS takeover as the final deadline for investors to take part in its £4bn (€4.5bn) fundraising looms.

The group – which is 43.4% owned by the British government – is in line for a bruising meeting in Glasgow following its decision to take over ailing rival HBOS in last autumn’s dramatic rescue deal.