Chancellor George Osborne announced £2bn sell-off of Lloyds on Monday Oct 05,2015

The planned sale of Lloyds shares has captured the public’s imagination, with tens of thousands of savers registering their interest in just three days.

More than 120,000 have signed up for updates from investment firm Hargreaves Lansdown since the £2billion sell-off was announced by the Chancellor on Monday.

The sale will complete the UK’s biggest privatisation in 20 years.

The Government has already announced that it will offer at least £2billion of Lloyds shares to the public next spring, with a discount of 5 per cent on the market price.

The sale will complete the re-privatisation of Lloyds seven years after it received a £20.5billion bailout. 

Taxpayers now own less than 12 per cent of the bank, down from 43 per cent after it was rescued