Banks studying potential car finance costs after UK regulator's review
Lloyds has revealed a provision worth £450 million to cover potential costs relating to the issue of car finance - with other banks also…
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Lloyds has revealed a provision worth £450 million to cover potential costs relating to the issue of car finance - with other banks also…
Lloyds has revealed a provision worth £450 million to cover potential costs relating to the issue.
Lloyds has become the first UK bank to set aside hundreds of millions of pounds in case it has to compensate car finance customers, amid a major investigation into whether people overpaid on their loans.
Lloyds has become the first UK bank to set aside hundreds of millions of pounds in case it has to compensate car finance customers, amid a major investigation into whether people overpaid on their loans
Heineken revealed it expects its production costs are set to increase further this year with energy and transport key factors pushing up overheads. The brewer, who also owns brands such as Strongbow and Amstel, said it would try to "offset" these costs through price increases, although it admitted this may lead to "softer beer consumption."