High Court grants £1m costs extension in Lloyds/HBoS case
The High Court has granted Lloyds permission to increase its costs budget by more than £1m in its headline dispute with shareholders, owing to “significant developments in the case”. Lloyds asked to increase its budget by £1.2m to account for the 12-day delay at the start of the trial, which was due to begin on 2 October but instead began on 19 October after Mr Justice Nugee and other members of counsel sustained significant injuries.