
Volkswagen finance arm posts loss after £725m redress provision
Volkswagen Financial Services UK has set aside £725m for car finance redress while challenging the FCA’s treatment of manufacturer-owned lenders.

Finance & Tax Reporter · London
Priya reports on tax, HMRC, business finance and banking. She explains Budget measures, rule changes and lending conditions in plain terms, and follows how funding, interest rates and directors' pay and pension rules affect company owners.
Covers: Tax & HMRC · Business finance · Banking & lending

Volkswagen Financial Services UK has set aside £725m for car finance redress while challenging the FCA’s treatment of manufacturer-owned lenders.

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