Car finance crisis is damaging the entire economy, warns Lloyds Bank chief

By Yahoo! Finance   |   1 year ago
Car finance crisis is damaging the entire economy, warns Lloyds Bank chief

Lloyds Bank CEO, Charlie Nunn, expressed concerns about the motor finance crisis impacting the UK economy. A recent court ruling on hidden commissions in car financing has led to uncertainty, affecting investor confidence and potentially costing lenders billions in compensation.

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