Lloyds estimates £1.95bn hit from motor finance scandal
Lloyds Banking Group has set aside a further £800m to cover estimated costs associated with the car finance mis-selling scandal.
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Up to 14.2 million people could each receive an average of £700 in compensation due to car loan mis-selling, the financial services regulator has said.
More...08-10-2025, 07:56 PM -
The UK's Supreme Court is set to deliver a landmark ruling today that could have billion-pound consequences for banks and impact millions of motorists.
More...01-08-2025, 03:07 AM -
Bank stocks have enjoyed a boost as traders digest the Supreme Court's ruling on the car finance scandal.
More...04-08-2025, 04:37 PM