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Chancellor’s attempt to intervene in car finance scandal branded ‘disgraceful’

Defending industry over consumers sends ‘really bad message’, says Treasury committee member Bobby Dean Rachel Reeves’ efforts to intervene in the supreme court case on the car finance scandal were “unprecedented and disgraceful” and send a “really bad message” to consumers that the government is willing to defend wrongdoing by banks, Treasury committee member and Lib Dem MP Bobby Dean has said.While the supreme court largely sided with finance companies on Friday – helping lenders avoid a £44bn compensation bill – Dean said the chancellor had gone too far to show she was on the side of business. Continue reading...

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