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Page last updated at 07:02 GMT, Thursday, 5 May 2011 08:02 UK

Lloyds posts 3.5bn loss

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Lloyds Banking Group has plunged back into the red - with a loss of almost £3.47bn for the first three months of this year.

The part-nationalised group had returned to profit last year but had to set aside huge sums to cover the cost of claims that it mis-sold protection insurance.

Banking analyst Ralph Silva examines the figures.


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