• Lloyds considers Menzies sale

Lloyds Banking Group is reported to be considering selling Menzies Hotels as part of a strategic review of the 17-strong group.

According to sources close to the process, the company is one of many under review by Lloyds, which it acquired when the group merged with HBoS. Lloyds took control of Menzies when the terms of its loans were breached.

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