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Volkswagen fined £5.4m for mistreating UK customers in financial difficulty – business live
Volkswagen Finance has agreed to pay over £21.5m in redress to around 110,000 customers who may have suffered harm because of its failings.
UK financial regulator fines Volkswagen unit for customer mistreatment
UK's financial regulator on Monday said it will fine the British financial services unit of automaker Volkswagen AG 5.4 million pounds ($7 million) for unfair treatment of customers in financial difficulty between 2017 and 2023.
UK watchdog fines Volkswagen unit for unfairly treating customers
A British regulator has fined Volkswagen's
UK
financial services unit £5.4m for unfairly treating financially-stretched customers between 2017 and 2023. Volkswagen Financial Services (
UK
) Limited has agreed to pay over £21.5m in redress to around 110,000 ...
Volkswagen Unit Fined £5.4 Million for Mistreating UK Borrowers
Volkswagen AG’s British finance unit has been fined £5.4 million ($7 million) for mistreating borrowers in difficulty, the Financial Conduct Authority said.
20m
on MSN
A new anti-missile laser downed 100% of its targets while fighting multiple threats at once, UK defense officials say
Officials said the new laser for its aircraft faced off against multiple heat-seeking missiles launched simultaneously and ...
5h
UK budget: tough choices on taxes for Rachel Reeves
British finance minister Rachel Reeves faces a tough task to raise the tax revenues she needs to invest more in public ...
10h
on MSN
UK's sick pay timebomb that risks a lost generation of workers
The UK is sick. It’s much sicker than other similar countries, and the situation is getting worse, snowballing into a health, ...
1h
on MSN
Microsoft and UK government sign multi-year tech agreement
The UK Government has signed a major deal with Microsoft which will see organizations across the country get access to more ...
Smooth Radio
2h
Lionel Richie is coming to the UK next summer! Venues and dates revealed
Next summer, we'll be saying 'Hello' to a true music legend in venues across the UK. That's because Lionel Richie will return ...
37m
Money blog: Popular lager 'watered down' so brewery saves on UK alcohol tax
Grolsch Premium Pilsner has become the latest to suffer from so-called "drinkflation". Meanwhile, this week's Money Problem ...
21h
UK to Hold Review of HS2 in a Bid to Arrest Spiraling Costs
UK Transport Secretary Louise Haigh launched an independent review of the HS2 high-speed railway line project to get a grip ...
43m
on MSN
UK households who've installed heat pump slapped with £14,409 warning
One UK household who have had a heat pump installed at home have warned fellow heat pump purchasers over the risk of losing ...
Kerrang!
7m
Limp Bizkit announce Loserville 2025 UK and Ireland arena dates
Limp Bizkit will return in March, playing five massive headline shows in Glasgow, Dublin, Birmingham, Manchester and London.
1h
Poundland closing all 800 UK stores for two days this December
The discount retailer will be shutting its stores on both Christmas Day and Boxing Day this year. Alongside this, Poundland ...
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