Lloyds Bank Sets Aside £2B For Motor Finance Compensation
Lloyds Banking Group has set aside £2 billion to address a motor finance scandal. The provision covers the Lloyds brand, Halifax, Bank of Scotland, and Scottish Widows.
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Sources · 7 independent
Times Radio UK
“Lloyd's has set aside two billion. concerned about what's happening. A economy in both terms of retail banking and mortgages and we're thinking here not just Lloyd's bank brand but Halifax and Bank of Scotland as well also has Scottish widows on the pensions and fund management side.”
Times Radio UK
“around about 800 pounds or so. Lloyd's has set aside two billion.”
Times Radio UK
“Lloyd's has set aside two billion. ... they've put forward a plan to compensate people it's around about 800 pounds or so.”
Times Radio UK
“Lloyd's has set aside two billion. all the signals are there satisfied that that's enough to cover compensation.”
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