Lloyds Banking Group has nearly tripled the amount it is setting aside to cover the car finance mis-selling scandal to £1.2bn, knocking its profits for the year. It is setting aside an extra £ ...

Lloyds Banking Group has nearly tripled the amount it is setting aside to cover the car finance mis-selling scandal to £1.2bn, knocking its profits for the year. It is putting aside an extra £ ...

Lloyds Banking Group (LLOY) has set aside an extra £700mn to ... costs relating to the Court of Appeal’s crackdown on commission paid by lenders to car dealerships. This follows an earlier provision ...

So-called hidden commission arrangements between car dealers and borrowers are the subject of a major review by the UK’s financial watchdog, as well as landmark court cases. In its annual results, ...

Lloyds Banking Group has nearly tripled the amount it is setting aside to cover the car finance mis-selling scandal to £1.2bn, knocking its profits for the year. It is setting aside an extra £700m to ...