Lloyds allocates £ 1.2 billion to car financing saga as profits slide with a heel
Lloyds (Lloy.l) revealed that he had allocated £ 1.2 billion to cover the potential cost of compensation for the engagement committee arrangements, as the bank’s annual profit slid with the fifth. An additional provision of £ 700 million, taken in the last three months of the year, added £ 450 million to the already confirmed … Read more