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Lloyds Banking Group has put aside an extra £800m to deal with possible compensation claims over the motor finance scandal, taking its total provision to almost £2bn.
The bank, which is one of the most exposed to an ongoing scandal in which drivers were overcharged for loans as a result of commission paid to car dealers, had previously set aside £1.15bn to deal with potential costs.
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source: The Guardian - 13.10.2025