Lloyds Bank set aside a further £1bn for PPI claims
Download© Licensed to London News Pictures. 26/10/2016. Portsmouth, UK. People walking past the Portsmouth branch of Lloyds Bank. The bank, 9pc-owned by the taxpayer, have set aside a further £1billion to cover claims over the mis-selling of Payment Protection Insurance (PPI). The announcement has come on the day the bank has reported that statutory pre-tax profits for the three months to the end of September fell 15% to £811m. Photo credit: Rob Arnold/LNP
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