Noel Edmonds has reached an agreement with Lloyds Banking Group worth a reported £5m after his former business was destroyed following fraud at one of its branches
Six people were jailed over the fraud: Mark Dobson, Michael Bancroft, Alison Mills, Lynden Scourfield, John Cartright, David Mills
"Lloyds Banking Group very much regrets and apologises for the distress suffered by Mr Edmonds as a result of the HBOS Reading fraud. "Both parties also agree to place their trust in the independent inquiry chaired by Dame Linda Dobbs, which is considering whether issues relating to HBOS Reading were properly investigated and appropriately reported to the relevant authorities by LBG, following its acquisition of HBOS in 2009."
In 2017, he described how his business being wiped out had brought him to the"brink of emotional annihilation".
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