Halifax (bank)

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Lloyds PPI bill passes £5bn mark

The bill for mis-sold payment protection insurance (PPI) at taxpayer-backed Lloyds Banking Group smashed through the £5 billion barrier today as claims against the bank continue to pile up.

House prices down 1.2% over year

House prices continued to edge lower last month and the market is expected to remain subdued but stable into 2013, the Halifax said today.