Gbp/usd - 1.6342 ... Lloyds Banking Group said it is in talks with the government n financial regulator over 'possible alternatives' to entering the government's asset protection scheme. The British pound tumbled fm 1.6454 to as low as 1.6325 in part due the retreat in European stock markets. Offers are tipped at 1.6380/85 n 1.6410/20 n further out at 1.6450. On the downside, some bids are located at 1.6320/30 n 1.6290 with stops seen below 1.6280.