Ministers are trying to draw a line under a long-running saga that left thousands of people out of pocket, with many wrongfully imprisoned, and which even led to the suicides of some victims. The scandal was triggered by faults in a Fujitsu computer system called Horizon that was used by UK post offices and inaccurately reported shortfalls in their accounts, resulting in private prosecutions of innocent branch managers for theft.
By Elena Vardon Bank of Ireland Group reduced its portfolio of U.K. unsecured personal loans over 2023, the Irish lender said as it announced the extension.