The Lloyds Banking Group continues to face the consequences of misselling of PPI policies. The bank recently announced that it was setting aside an additional sum of £700 million towards settlement of claims filed by the victims. As on date, the bank has set aside more than £4.2 billion to compensate victims of missold policies. Analysts were of the opinion that bank would have to set aside an additional sum of £375 million. However, Continue reading
Lloyds’ PPI Compensation Bill Rises By An Additional £700m
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