Lloyds Banking Group has nearly tripled the funds set aside to cover potential compensation for car finance mis-selling, raising its provision to £1.2bn. The move has impacted the bank’s annual ...

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 £ ...

Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Lloyds Banking Group has set aside an additional £700mn to cover the fallout from a probe and related ...

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 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 ...

Lloyds Banking Group has announced it is putting aside an additional £700 million for potential car finance compensation payments. The money, which will knock the famous bank's profits for the ...

Lloyds said the extra £700 million provision for motor finance was taken in light of a court judgment on the issue in October. That found it was unlawful for car dealers to receive commission on ...

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, ...

The fully electric cars will be available through International Motors Finance, a joint venture business between IML and Black Horse, Lloyds Banking Group’s motor finance business. It will offer Hire ...

Lloyds Banking Group revealed it has set aside £1.2billion to cover a car loans misselling scandal as profits tumbled 20 per cent. The lender, which also owns Halifax and Bank of Scotland ...