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Lloyds expects 'material' extra provisions for motor finance redress

By Benjamin Chiou

Date: Thursday 09 Oct 2025

(Sharecast News) - Lloyds has revealed it will need "material" additional provisions to provide redress to customers in the motor finance mis-selling scandal.
The Financial Conduct Authority ruled this week that lenders would have to pay out £11bn including costs in compensation after finding "widespread failings" in how motor finance firms...

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