News and Announcements

Lloyds holds £1.95bn payout provision for motor finance scandal

By Frank Prenesti

Date: Thursday 02 Apr 2026

(Sharecast News) - Lloyds Bank on Thursday said it would stick with its £1.95bn compensation provision to pay customers who were miss-sold motor finance after assessing the regulator's final ruling.
However, the lender warned there were still a number of uncertainties, including response rates, operational costs and any litigation.

"The...

Sign up for free or to read the full story

Email this article to a friend

or share it with one of these popular networks:


Article Archive

Top of Page