
Car finance scandal: lender sets aside £165m for possible compensation costs
Close Brothers, Automotive industry, Business, Financial Conduct Authority, Motoring, Money, UK news, Regulators, Financial sector Business | The Guardian Estimate by Close Brothers follows ‘thorough assessment’ of court case’s impact on UK vehicle loan industryOne of the UK’s biggest providers of motor finance has warned it expects to set aside up to £165m in the first…