December 15, 2024
UK car finance probe fuels ‘investability problem’, warns Lloyds CEO #UKFinance

UK car finance probe fuels ‘investability problem’, warns Lloyds CEO #UKFinance

CashNews.co

Uncertainty over the outcome of the car finance probe is causing the UK an “investability problem”, the chief executive of Lloyds Banking Group has said.

Speaking at the FT and The Banker’s Global Banking Summit on Wednesday, Charlie Nunn said the unpredictability of the recent ruling is also negatively impacting the consumer finance industry and the wider UK financial sector.

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