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Hosted on MSNLloyds triples car finance compensation provision to £1.2bnLloyds Banking Group has nearly tripled the funds set aside to cover potential compensation for car finance mis-selling, ...
For Lloyds alone, plans are underway for a further 86 branch closures by 2025, 13 of which are scheduled for March.
Lloyds, led by boss Charlie Nunn (pictured), has earmarked an extra £700m for compensation on top of a previously announced ...
If the Court ultimately upholds the Court of Appeal's previous ruling, it could trigger a huge wave of mis-selling payouts - enabling large corporations to cut their tax bills.
The car loan mis-selling scandal risks blowing a £5.5bn black hole in the public finances, posing a fresh challenge for Rachel Reeves as she scrambles to balance Britain’s books.
On Monday the Supreme Court barred the Treasury from intervening in an appeal brought by car loan providers, ending its attempt to shield banks from big payouts, which some say could run into billions ...
Lloyds Banking Group reports strong 2024 performance with dividend growth, share buybacks, and strategic progress.
Lloyds Banking Group reported full-year profit below expectations on Thursday, weighed down by money it set aside for ...
The lender took a further provision in the fourth quarter for the potential hit of a possible redress linked to its motor ...
Lloyds Banking Group has reported a 20.4% drop in annual profit, missing forecasts due to motor finance provisions and ...
Lloyds Banking Group has nearly tripled the amount it is setting aside to cover the car finance mis-selling scandal to £1.2bn ...
Lloyds lifted its final dividend by 15% to 2.11 pence per share final dividend, giving a 3.17p per share total payout, up 15%. It also plans a GBP1.7 billion share buyback, down 15% from GBP2.0 ...
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