
LLoyds earmarks £1.2bn for potential payouts
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 cover potential compensation payments, on top of £450m earmarked earlier. Lloyds, and other providers of finance for car loans, are […]