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  • The Independent

    Lloyds forced to set aside £450m for car finance compensation

    by Anna Wise Feb 22, 2024 2 minutes
    Source: PA Archive

    Lloyds Banking Group has revealed its yearly profit soared by more than 50% after being boosted by higher borrowing costs, but said it set aside £450 million to cover potential costs of a major review into historic car finance selling practices.

    The banking group is in the spotlight

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