Reeves Mulls Rescuing Banks Behind Automotive Mortgage Saga, Guardian Says
(Bloomberg) — The UK’s Chancellor of the Exchequer Rachel Reeves is contemplating a legislative measure that might doubtlessly scale back the quantity of compensation lenders must pay for controversial practices at their car-loan companies, the Guardian reported, citing folks it didn’t identify. A few of Britain’s lenders, together with Shut Brothers Group Plc and Lloyds … Read more