Lloyds Banking Group reports increased profits and sets aside a further £1bn for PPI claims in first half – City A.M.

City A.M.

Lloyds Banking Group reports increased profits and sets aside a further £1bn for PPI claims in first half
City A.M.
The banking group’s underlying profit rose eight per cent to £4.5bn from £4.2bn this time last year. Pre-tax profit was up four per cent to £2.54bn from £2.45bn. The firm will pay an interim dividend of 1p per share, up 18 per cent, and in line with

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