The Sun
UK · 2 hrs ago
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Major UK car finance firm ‘on brink of COLLAPSE’ just weeks after launch of £9.1billion compensation scheme
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Blue Motor Finance, a UK car finance firm, is reportedly seeking administrators and a rescue deal shortly after the launch of a £9.1 billion industry-wide compensation scheme, with accountancy firm EY reportedly selected to handle the process.
Major UK car finance firm ‘on brink of COLLAPSE’ just weeks after launch of £9.1billion compensation scheme
A MAJOR independent motor finance provider is reportedly on the brink of collapse. It comes weeks after plans were confirmed for a £9billion industry-wide compensation scheme. Blue Motor Finance is lining up administrators as it looks to secure a rescue deal, according to Sky News. The accountancy firm EY is understood to have been selected...
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