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![CityAM Avatar](https://lunarcrush.com/gi/w:24/cr:twitter::45840503.png) City A.M. [@CityAM](/creator/twitter/CityAM) on x 79.2K followers
Created: 2025-07-07 12:49:03 UTC

Lloyds and Barclays were among the top UK banking giants paying millions to the Financial Ombudsman Service (FOS) in administrative fees in the last year.

The banking industry’s ‘Big Six’ – Barclays, HSBC, Lloyds Banking Group, Natwest, Santander and Nationwide – paid the FOS a combined £38.8m in admin fees for the year ending March XX.

Lloyds topped the list at £12.6m, with Barclays second at just short of £9m, official figures seen by City AM show.

This came as the motor finance row, which Lloyds and Barclays have historical exposure to, dragged total complaints to the FOS to the highest levels since the PPI scandal.

Read more of the story here 👇


#uk #news #business #economics #economy #finance #banking #banks #barclays #llyods #hsbc #natwest #santander #nationwide

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[Post Link](https://x.com/CityAM/status/1942204215272542437)