Lloyds hit back at calls for a windfall tax on banks as Britain’s biggest lender posted bumper profits even as it counted the cost of the car finance scandal. Reform leader Nigel Farage has vowed to stop banks getting ‘free money’, worth an estimated £20billion a year, on deposits held risk-free at the Bank of England. But Lloyds boss Charlie Nunn warned that could curb lending to households and firms. Concerns: Lloyds boss Charlie Nunn (pictured) warned that a windfall tax on banks could curb lending to households and firmsLloyds shares rose 0.9 per cent, taking gains in the past year to 68 per cent. The bank, which told MPs it made £2.6billion in this way in 2023, expects the undisclosed sum to fall.