Lloyds Raises Car Finance Compensation Provision to Nearly €2 Billion Amid FCA Probe
London, 14 October 2025 — Lloyds Banking Group has increased its financial provision for the UK’s car finance compensation scheme to £1.95 billion (€2 billion), following a reassessment of the number of historical motor finance agreements potentially eligible for redress. The move comes in response to the Financial Conduct Authority’s (FCA) proposed redress framework, which […]
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