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The Latest Breaking News from Lloyds

US auto giant sounds the alarm about $1.6b problem after driver perk was axed

The company said it is bracing for additional hits as it shifts strategy

The Independent UK

Close Brothers nearly doubles expected bill for car loan redress to £300m

The banking group told investors it was adding around £135 million to its existing £165 million provision.

Evening Standard

Lloyds challenges car loan compensation bill as it warns of £2bn hit

The high street banking giant raised concerns about the Financial Conduct Authority’s calculations for how much consumers lost out.

Evening Standard

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Lloyds warns motor finance scandal could cost it nearly £2bn as bill rises

Banking group puts aside extra £800m for compensation claims amid potential for more ‘historical cases’

The Guardian - UK

Lloyds lifts motor finance provision to almost £2 billion

Lloyds, the biggest player in the motor finance sector through its Black Horse division, had already put aside £1.15 billion

Evening Standard

Lloyds warns car finance compensation scheme could cost it nearly £2bn

The banking group said it was expecting there to be a higher number of historical motor finance agreements that are eligible for redress.

Evening Standard

Lloyds warns car finance compensation could cost it nearly £2bn due to historic cases

Most of the car finance deals covered by the FCA’s scheme involve DCAs

The Independent UK

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FTSE 100 Live 13 October: Lloyds shares up despite new provision, miners lift index

Lloyds Banking Group today made a big increase to the amount it will need to cover motor finance mis-selling compensation.

Evening Standard

Lloyds to put chief executive and all top bosses through six-month AI course

Around 300 senior managers across the banking group are expected to take part in the bespoke programme.

Evening Standard

The UK cities where buying a home with a 5% deposit could be less expensive than renting

The analysis compared typical monthly rental costs with potential first-time buyer mortgage payments

The Independent UK

The cities where buying a home with a 5% deposit could work out cheaper than renting

Lloyds compared typical monthly rental costs with potential first-time buyer mortgage payments in 11 major cities.

Evening Standard

FTSE 100 falls from record highs as Lloyds and HSBC struggle

The FTSE 250 ended up 11 points, 0.1%, at 22,052.83.

Evening Standard

Lenders warn of bigger hit to finances from £11bn car loan compensation plan

Lloyds Banking Group and Close Brothers both said they were expecting to have to put aside more money to cover costs related to the mis-selling saga.

Evening Standard

Lloyds says it is facing greater hit than expected from car loan finance scandal

Banking group predicts bill will top £1.2bn it has set aside, as Close Brothers also says it expects to pay more

The Guardian - UK

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Evening Standard

Lloyds warns of ‘material’ extra provision needed for car finance payouts

Lloyds has significant exposure to the car finance industry.

Evening Standard

FTSE 100 Live 09 October: HSBC and Lloyds weigh on index, top banker issues warning

Lloyds Banking Group today warned an additional provision in relation to motor finance mis-selling compensation may be material.

Evening Standard

Shares in UK lenders rise after watchdog softens car loan compensation costs

Lloyds Banking Group, Close Brothers Group, and Barclays shares were all moving higher on Wednesday morning.

Evening Standard

FTSE 100 Live 08 October: Lloyds rallies on car loan update, index and gold at record

Lloyds Banking Group shares today rose during a record-breaking session for the FTSE 100 index.

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The Independent UK

Some of UK’s biggest banks ‘investing ever larger sums into fossil fuels’

Which’s analysis follows research finding that the world’s biggest banks significantly increased their fossil fuel finance in 2024.

Creative Bloq

Brand Impact Awards 2025: all the winners revealed

Explore the winners of our annual celebration of the best branding in the world.

The Independent UK

Lloyds set to take control of Schroders wealth tie-up in ‘mass affluent’ push

The banking group is considering buying out Schroders’ 49.9% stake in Schroders Personal Wealth (SPW).

Evening Standard

South London residents rally to save their community's last remaining bank

New Addington locals have taken to social media and signed petitions in opposition to the closure of the Lloyds branch

The Guardian - UK

‘I can’t meet, I’m on an oil rig’: the signs it might be a romance fraud

Scams among older people have rocketed, so have the sums being lost. Bottom line: don’t send money to someone you’ve only met online

Evening Standard

Oasis fans outspend Taylor Swift's with £5 million spree at Wembley gig

Liam and Noel Gallagher’s gig at Wembley Stadium on July 25 sparked a spending spree in the arena and at nearby bars and restaurants

The National (Scotland)

Lloyds Banking Group to close another 13 Scottish branches

LLOYDS Banking Group has revealed that another 49 bank branches will shut across the UK, including 13 in Scotland ...

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