Lloyds holds £1.95bn payout provision for motor finance scandal

2nd Apr 2026 07:13

(Sharecast News) - Lloyds Bank on Thursday said it would stick with its £1.95bn compensation provision to pay customers who were miss-sold motor finance after assessing the regulator's final ruling.

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Lloyds still assessing impact of FCA ruling on motor finance scandal

31st Mar 2026 07:17

(Sharecast News) - Lloyds Bank said it was still assessing the impact of the final £7.5bn compensation ruling from Britain's financial regulator on the motor financing mis-selling scandal handed down after markets closed on Monday.

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FCA says millions of drivers to get average £830 car finance payout

30th Mar 2026 07:05

(Sharecast News) - The Financial Conduct Authority confirmed on Monday that millions of drivers who were mis-sold car finance will be entitled to an average of £830 in compensation.

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Lloyds, Bank of Scotland and Halifax customers report app glitches

12th Mar 2026 11:08

(Sharecast News) - Customers of Lloyd's, Halifax and Bank of Scotland reported issues using their mobile banking apps on Thursday, including some claiming being able to view details of other customers' accounts.

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Banking stocks slump as Dimon warns over bad loans

24th Feb 2026 12:20

(Sharecast News) - Banking stocks were under pressure on Tuesday amid concerns about the credit market after the boss of JP Morgan warned about the risk of bad loans.

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Shore Capital downgrades Lloyds Banking Group to 'sell' after strong run

2nd Feb 2026 12:50

(Sharecast News) - Shore Capital downgraded Lloyds Banking Group to 'sell' from 'hold' on Monday following a strong run that has left the shares fully valued, but lifted the price target to 91p from 84p.

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Lloyds Bank FY profits jump 12% to £6.7bn

29th Jan 2026 07:11

(Sharecast News) - Lloyds Bank on Thursday reported a better-than-expected 12% jump in profit driven by higher income which offset £800m set aside to compensate customers who were mis-sold motor finance.

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Sanctions watchdog fines Lloyds subsidiary for breaching Russia rules

26th Jan 2026 12:57

(Sharecast News) - The UK Treasury's sanctions watchdog fined Lloyds subsidiary Bank of Scotland £160,000 on Monday, for breaching financial sanctions imposed on Russia after it processed payments linked to a UK-designated individual in early 2023.

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Broker tips: Vodafone, NatWest, Lloyds, Playtech

7th Jan 2026 14:07

(Sharecast News) - Berenberg upgraded Vodafone on Wednesday to 'buy' from 'hold' and lifted the price target to 119p from 82p as it highlighted the potential for free cash flow growth and a strong balance sheet.

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London close: Stocks mixed after FTSE 100 ekes past 10,000

2nd Jan 2026 17:32

(Sharecast News) - London stocks were mixed at the close on Friday, with the FTSE 100 ending higher despite retreating from an earlier move above the 10,000-point mark, as markets recovered from a weaker end to last year and continued to hover near record territory.

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London midday: FTSE pulls back after toying with 10,000

2nd Jan 2026 11:49

(Sharecast News) - London stocks were mixed at lunchtime on Friday, as markets recovered from a weaker end to last year and continued to hover near record territory, with the FTSE 100 having briefly breached the 10,000-point mark earlier in the session.

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Bank of England flags heightened risks to UK financial system

2nd Dec 2025 09:33

(Sharecast News) - The Bank of England flagged increased risks to the UK's financial system on Tuesday, including sky-high valuations of tech companies, while also trimming the amount of capital banks need to hold in reserve.

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Reeves set to spare bank sector from tax raid, shares rally

25th Nov 2025 09:01

(Sharecast News) - UK bank shares rallied on Tuesday following a report that Chancellor Rachel Reeves is preparing to spare the sector from a tax raid in the Budget.

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Life insurers clear stress tests - BoE

24th Nov 2025 13:45

(Sharecast News) - British life insurers could withstand severe market stress, the Bank of England confirmed on Monday, following a review of the sector's financial resilience.

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Curve shareholder IDC Ventures files legal challenge to block sale to Lloyds - report

21st Nov 2025 16:20

(Sharecast News) - Curve's biggest external investor - IDC Ventures - has reportedly filed a legal challenge aimed at overturning the digital wallet provider's sale to Lloyds Banking Group.

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