June 11, 2025

car dealers

Finance

Lloyds Bank boss gives major update on car finance scandal – customers feel ‘duped’

The boss of one of the UK’s biggest banks has claimed there is no evidence customers were “harmed” as a result of the ongoing car finance compensation scandal. Charlie Nunn, head of Lloyds Bank, stressed investigations had shown customers had not been unfairly treated despite a probe into the sector by the Financial Conduct Authority (FCA). 

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