RE: Martin Lewis’ thought20 Nov 2024 09:48
Santander today announced that it has set aside £295mn to cover the car finance issue. This provision “includes estimates for operational and legal costs and potential awards, based on various scenarios using a range of assumptions”
Lloyds has set aside £450m.
Does anyone know the total loans given by Santander and Lloyds? In this way we can guess how big a provision Close will have to make