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Evening Standard
Evening Standard
Anna Wise

Specialist lender says motor finance scandal and Budget weighing on sector

Budget SU the London Stock Exchange
Specialist lender S&U is listed on the London Stock Exchange (Joe Giddens/PA) - (PA Archive)

A specialist lender has warned that the motor finance scandal is causing “chaotic” conditions in the market while the Budget has weighed heavy on consumer and business confidence.

S&U, which provides car finance through Advantage Finance, said trading conditions had been “burdened” over the first half of its financial year.

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