Lloyds Banking Group Plc's CEO, Charlie Nunn, has expressed concerns about the impact of ongoing lawsuits and regulatory investigations into motor finance mis-selling on investor confidence in UK banks.

He highlighted that recent discussions among investors have focused on the extended review of car finance commissions, particularly following a court ruling that could significantly broaden the scope of these issues.

Nunn emphasized that the potential consequences for the financial services sector and the broader UK economy are creating a problem in attracting investment in British banking, as stakeholders remain cautious about the implications of the ongoing scrutiny and its effects on the market landscape.