Lloyds PPI bill hits £5.3m
The bill for mis-sold payment protection insurance (PPI) at taxpayer-backed Lloyds Banking Group smashed through the £5 billion barrier today as claims against the bank continue to pile up.
Lloyds reports additional charge to cover PPI scandal costs
Lloyds Banking Group today reported an additional charge to cover the cost of mis-sold payment protection claims of £1 billion. It brings the bank's total bill to £5.3 billion.
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