The Indie:"The Government is terrified that the EU is getting ready to issue an ultimatum over Lloyds and RBS, forcing them to break up following the massive state injections of capital last autumn. This row is heating up and is likely to come to a head quite soon."
"Urgent negotiations are taking place between the Treasury, UKFI, the agency which controls the Government’s shareholding in Lloyds, and the EU. Treasury sources said they hoped that some sort of deal could be thrashed out ahead of the August deadline set by the EU. "
