मैगज़्टर गोल्ड के साथ असीमित हो जाओ
10,000 से अधिक पत्रिकाओं, समाचार पत्रों और प्रीमियम कहानियों तक असीमित पहुंच प्राप्त करें सिर्फ
कोशिश गोल्ड - मुक्त
Lloyds likely to increase its fund for motor finance claims
The Journal
|October 10, 2025
LLOYDS Banking Group yesterday announced that it would be likely to increase its motor finance provisions following further updates on the regulatory redress scheme.
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The FTSE 100 banking giant, which owns Black Horse, the UK's largest motor finance lender, currently tops the list with £1.2bn in provisions.
The Financial Conduct Authority stated on Tuesday that it anticipates its redress programme to cost up to £11bn and cover 14.2m agreements dating back to 2007.
Following the news, Lloyds’ share price rose by 3.5%, with many viewing the scheme - falling at the low end of cost expectations - as a positive outcome.
यह कहानी The Journal के October 10, 2025 संस्करण से ली गई है।
हजारों चुनिंदा प्रीमियम कहानियों और 10,000 से अधिक पत्रिकाओं और समाचार पत्रों तक पहुंचने के लिए मैगज़्टर गोल्ड की सदस्यता लें।
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