Lloyds Bank forced to set aside another 700 million after car finance probe - London Business News | Londonlovesbusiness.com
Lloyds Banking Group's profit outlook is affected by £700 million set aside for mis-selling, impacting investor confidence and raising regulatory concerns.
Lloyds profits shrink by a fifth as car finance saga drives up provisions
In spite of these headwinds, Lloyds reported loans and advances to customers rose by £10.2 billion last year to £459.9 billion, with UK mortgages increasing by £6.1 billion.