Lloyds Car Finance Scandal: £2 Billion and Counting
Update: 2025-10-13
Description
Lloyds Bank doubles its mis-selling provision to £2 billion amid the car finance scandal, impacting share prices and raising questions about fair compensation. Millions of drivers may be owed payouts, potentially costing the industry billions, as banks and carmakers brace for the fallout from undisclosed commissions on car loans dating back to 2007.
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