Close Brothers has been dealt a significant blow as the bank announced an additional £33 million provision to reimburse customers for overpayments within its car loans division. This charge compounds
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The UK financial watchdog is scrutinising 30 million car finance agreements, as part of a sweeping investigation into potentially mis-sold loans that may trigger a multibillion-pound compensation scheme. Nikhil Rathi,
A senior official from the Financial Conduct Authority (FCA) has made headlines by joining a consultancy firm with ties to the motor finance industry. Roma Pearson, formerly in charge of
A significant legal setback has struck Lloyds Banking Group as a tribunal ruling determines the banking giant owes approximately £1 billion to HM Revenue & Customs. The First-tier Tribunal Tax
