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David McCreadie

  • Secure Trust Bank slashes profit expectations amid motor finance ruling

    Banking

    Secure Trust Bank has slashed profit expectations for this year due to the performance of its motor finance business. In a trading update today, the London-listed lender said that following the Financial Conduct Authority’s motor finance decision, it restored vehicle finance loan collections activity to normal levels. Meanwhile, early arrears in vehicle finance are at [...]

    UK's innovation economy has bested Europe to record investment.

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