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Blogs from October 2014

Lloyds Bank Hit With £900m Insurance Fine

insurance claimsLloyds bank has been hit with yet another massive fine thanks to their dodgy insurance-selling practices over the past few years. They have been ordered to pay a £900 million fine in order to compensate their customers who have been miss-sold insurance for their loans. This could be an almost crippling blow for the bank because they have only just narrowly passed a recent European stress test to check the health of the different banks in the EU.

This latest fine took Lloyds’ t[...]

James Savery, 28 October 2014

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