81 m. ago 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.

Events

83 m. ago Lloyds Bank to challenge car finance compensation scheme after £2bn estimation

The financial services company is pushing for a fairer redress system

Economics

2 h. ago 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

Economics

4 h. ago 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.

Economics

4 d. ago Lloyds warns of ‘material’ extra provision needed for car finance payouts

Lloyds has significant exposure to the car finance industry.

Events

5 d. ago 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.

Politics

5 d. ago FTSE 100 Live 08 October: Index at record as gold tops $4000, Lloyds shares rise

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

Politics

5 d. ago Millions will get £700 payouts from car finance scandal, as FCA reveals compensation details

The financial watchdog has revealed details of its car finance compensation scheme that could see £8.2billion paid back to motorists.

Economics

5 d. ago Millions of car buyers could share £8billion payout after finance scandal

City regulator the Financial Conduct Authority has published details of an industry wide compensation scheme

Economics

6 d. ago Drivers to receive car finance compensation update from the FCA today

The Financial Conduct Authority is expected to release details of the long-awaited car finance compensation scheme

Transport

4 w. ago Breast cancer could cost UK economy £4.2bn by 2050, report suggests

The figures include the costs to the NHS of diagnosing and treating the disease, as well as the cost to the economy in lost productivity.

Economics