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.
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.