Britain's Lloyds reports Q3 profit down 36% as motor finance scandal bites

Core Insights - Lloyds Banking Group reported a 36% decline in third quarter profit due to an 800 million pound charge related to the motor-finance mis-selling scandal [1] Financial Performance - The company's third quarter profit fell significantly by 36% [1] - The decline in profit was primarily attributed to a previously announced charge of 800 million pounds [1]