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Britain's motor finance industry is in crisis - with banks bracing for billions in payouts

2024-11-14

finance

Britain's motor finance industry is in crisis - with banks bracing for billions in payouts

Britain's motor finance industry is in disarray, with analysts warning of worst-case scenarios similar in magnitude to the country's costliest consumer banking scandal. The crisis stems back to a landmark judgement from the U.K.'s Court of Appeal in late ... Read more

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