Black Horse owner Lloyds puts aside £1.25bn awaiting car loan commissions outcome

Lloyds Banking Group, which owns Black Horse Motor Finance and Lex Autolease, has put another £700 million into its pot for potential compensation while it awaits the outcome of the car loan commission saga at the Supreme Court.

Feb 20, 2025 - 11:09
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Black Horse owner Lloyds puts aside £1.25bn awaiting car loan commissions outcome
Lloyds Banking Group, which owns Black Horse Motor Finance and Lex Autolease, has put another £700 million into its pot for potential compensation while it awaits the outcome of the car loan commission saga at the Supreme Court.