
Moody’s warns car finance scandal could cost lenders £30bn
Moody's warns that the mis-selling scandal in motor finance could cost lenders up to £30bn in compensation, mirroring the PPI crisis and impacting both major banks…
Jamie Young is Senior Reporter at Business Matters, covering SME finance, employment law and Westminster policy since 2016. He has reported on every Budget and Autumn Statement since 2018, helped make sense of the 'covid era' and the bounce-back loan scheme from launch through the fraud investigations, and broke the magazine's coverage of the 2024 late-payment reforms. He joined Business Matters straight from completing his BA in Administration from Exeter University and is NCTJ-qualified. Reach him at jyoung@cbmeg.co.uk

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