Motor finance scandal and other misconduct to cost lenders £25bn
Bank’s deputy governor: Not considered to be a risk for UK financial stability By JOHN-PAUL FORD ROJAS Updated: 16:45 GMT, 2 December 2024 Misconduct including the burgeoning scandal in the motor finance industry could cost lenders at least £25billion, the Bank of England warned. Sam Woods, the Bank’s deputy governor, said it was not considered…