Lloyds Banking sees no need to change motor finance provisions yet

Lloyds Banking Group PLC (LSE:LLOY) said it "does not currently believe" it will need to make any change to its provisions for the motor finance compensation scheme, following the final guidance issued by the financial watchdog at the start of the week.  The Financial Conduct Authority said on Monday night that millions of motor finance customers should receive larger compensation than its previous guidance in October.