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Evening Standard
Evening Standard
Business
Graeme Evans

FTSE 100 Live 09 October: HSBC and Lloyds weigh on index, top banker issues warning

Lloyds Banking Group today warned an additional provision in relation to motor finance mis-selling compensation may be material.

The update came a day after its shares surged on relief that Tuesday’s FCA consultation paper pointed to an overall industry redress cost of £11 billion.

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