Lloyds Profit Plummets: The Motor-Finance Mis-selling Scandal

Lloyds Banking Group's profits plummeted 36% after an £800 million hit from the motor-finance mis-selling scandal! Find out how unfair car loan agreements triggered regulatory intervention, forcing Lloyds to pay big. Is this just a Lloyds problem, or is the entire UK banking sector at risk? Tune in to understand the implications for investors, customers, and the future of British banking.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.