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Noel Edmonds reaches ‘£5m’ settlement deal with Lloyds.




The former Deal Or No Deal presenter has received an apology from the group for the “distress” he suffered over the HBOS Reading fraud.The TV star said a scam involving staff at the Reading branch of HBOS, which was subsequently bought by Lloyds, destroyed his business Unique Group.

Noel Edmonds and Lloyds Banking Group came to a financial agreement worth a reported £5 million following a battle over allegations of criminal activity.

Corrupt staff from the Reading branch were jailed in 2017 for a £245m loans scam between 2003 and 2007 which destroyed several businesses.

It was revealed they squandered the profits on high-end prostitutes and luxury holidays.

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