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Noel Edmonds sets up countdown website as he demands £50m compensation from Lloyds Bank

The former Deal or No Deal host launched a £50 million compensation claim against the banking group in May

NOEL Edmonds has set up a website as part of his campaign to secure £50 million compensation from Lloyds Banking Group.

The TV star, 68,  claims he fell victim to fraud at the hands of former staff at HBOS Reading.

 The TV star claims he fell victim to fraud and lots "tens of millions of pounds"
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The TV star claims he fell victim to fraud and lots "tens of millions of pounds"Credit: PA:Press Association
 The website features an "honesty countdown" ahead of the compensation process
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The website features an "honesty countdown" ahead of the compensation processCredit: PA:Press Association

The website - //banklloyds.claims - features an "honesty countdown" clock, which tracks the amount of time left for compensation offers to be made based on the bank's timeline.

The former Deal or No Deal host launched a compensation claim against the lender in May.

Lawyers for Mr Edmonds have also written to Lloyds' boss Antonio Horta-Osorio demanding payment for the "immense economic loss" and "distress and inconvenience" following the HBOS fraud scandal.

A group of corrupt HBOS financiers were jailed earlier this year for carrying out a £245 million loans scam that destroyed several businesses before they squandered the profits on high-end prostitutes and luxury holidays.

Mr Edmonds claims one convicted ex-HBOS employee, Mark Dobson, helped destroy his former business Unique Group.

The fraud took place during the run-up to Lloyds' rescue of HBOS during the 2008 banking crisis.

The scandal came as a major embarrassment to the bank and and bosses have since put aside a £100million fund to compensate victims.

Lloyds said earlier this month that it was "on track" to begin making compensation offers to HBOS fraud victims from a £100 million pot before the end of May.

It also said that it would make offers by the end of June "to all customers who have confirmed their participation in the review".



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