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S&U

  • S&U: City regulator lifts collection restrictions on motor finance lender

    Banking

    Specialist lender S&U said the City regulator agreed to remove collection process restrictions on its motor finance business after blaming the measures for a slide in profit this year.

    The UK's financial ombudsman said complaints about car loans had surpassed credit cards as the top product subject in the last quarter.
  • S&U channels Marcus Aurelius as motor finance lender says it will ‘wrestle on’

    Finance

    The specialist auto and property lender has posted a fall in annual profit and lowered its dividend as the firm grapples with higher costs and regulatory pressures.

    (Photo credit: Andrew Matthews/PA Wire)

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