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Evening Standard
Evening Standard
Business
Simon English

Lloyds Bank sets aside £450m for car loan investigation

LLOYDS BANK offered a positive view of the UK economy thismorning, with booming profits and low impairment charges on bad debts.

It made profits for the year of £7.8 billion a rise of 11%.Charges for debts not being repaid by customers fell sharply to £308 millionand the dividend on a widely held share is up 15% to 2.76p.

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