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Lloyds hikes motor finance redress costs by £800m

By Benjamin Chiou

Date: Monday 13 Oct 2025

(Sharecast News) - Lloyds has announced it is putting aside a further £800m to cover compensation costs related to the motor finance mis-selling scandal.
The bank said it has now made a £1.95bn provision, including both redress and operational costs, up from £1.15bn previously.

The additional measures follow the Financial...

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