Lloyds Banking Group has nearly tripled the funds set aside to cover potential compensation for car finance mis-selling, raising its provision to £1.2bn. The move has impacted the bank’s annual ...

Lloyds Bank is evaluating the implications of a recent court decision mandating increased transparency over commissions earned in car finance loans, according to finance news reports. The ruling ...

Lloyds has reserved ... to the motor finance market. Charlie Nunn, the bank’s boss, said there was “no evidence of harm” from the firm’s operations in the car financing market.

Lloyds Banking Group has set aside an additional £700mn to cover the fallout from a probe and related court ruling on the historic mis-selling of car finance ... The bank’s return on tangible ...

The bank's latest provision, which led to a bigger-than-expected drop in annual profit, means Lloyds has now set ... Britain's market for car finance - around 80% of new vehicles in the UK are ...

Lloyds Bank has said it is “assessing the potential impact” of a court ruling last week which sided with consumers in a row over commissions earned by companies selling car finance loans.

A landmark court ruling about the historic “mis-selling” of motor finance loans has wiped billions off Lloyds Bank amid fears about ... received from arranging car loans.