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The Independent UK
The Independent UK
Business
Henry Saker-Clark

BMW sets aside more than £200m for UK motor finance scandal

BMW United Kingdom FCA Financial Conduct Authority the Financial Conduct Authority

BMW’s UK car finance business has set aside more than £200 million to cover the potential impact of the continued fallout from the car loan mis-selling scandal.

It is the latest car firm to reveal the potential cost of the motor finance scandal, with millions of drivers expected to be eligible for compensation claims.

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