PPI claims, angel investors, and pub closures - here's your need-to-know business news roundup.
Lloyds has set aside another £375 million to settle PPI compensation claims.
The bank, which is part-owned by the taxpayer, has now earmarked some £3.8 billion to deal with the claims. [ThisIsMoney]
A new programme intended to link start-ups with City investors has been launched.
The ‘Angels In The City’ scheme is a joint development from the City of London Corporation and London Business Angels. [Telegraph]
The rate at which pubs are closing has slowed slightly according to new figures from Camra.
But there are still 12 pubs closing every week, and a total of 4,500 have been shuttered since 2008. [BBC]