DCSIMG

Lloyds hit with £28m fine for ‘champagne’ bonuses

Halifax Bank of Scotland's head office on The Mound in Edinburgh. Picture: TSPL

Halifax Bank of Scotland's head office on The Mound in Edinburgh. Picture: TSPL

  • by TOM PETERKIN
 

Lloyds Banking Group has been fined a record £28 million over incentive schemes that rewarded staff with “champagne bonuses” and put advisers under pressure to hit sales targets or face demotion.

 

Comments

 
 

Back to the top of the page