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Evening Standard

Anna Wise

Shares in UK lenders rise after watchdog softens car loan compensation costs

United Kingdom Barclays FCA Close Brothers Lloyds Lloyds Banking Group Sir Keir Starmer

Shares in the UK’s biggest car lenders have risen (Nick Anwell/PA) - (PA Wire)

Shares in the UK’s biggest car lenders have risen after the UK’s financial watchdog softened the estimated total cost to the industry under its compensation scheme.

Lloyds Banking Group, Close Brothers Group, and Barclays shares were all moving higher on Wednesday morning.

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