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Motonovo hikes motor finance provision as buyers circle Aldermore
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Motonovo hikes motor finance provision as buyers circle Aldermore
Car finance firm Motonovo has ramped up its provisions for the motor finance scandal as top banks and private equity firms explore a takeover of its parent company Aldermore. The Cardiff-headquartered company recognised a £153.2m charge in its latest accounts for historical motor finance commissions. This was more than double the £60.6m recorded last year. [...]
30 Sept, 13:01
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