Volkswagen Financial Services is expected to have set aside hundreds of millions of pounds for the UK financial regulator FCA’s compensation scheme for motor finance. Bloomberg News reports this, citing Sky News, which does not disclose the source of the information.
The information is expected to emerge from the company’s filed accounts, which are due to become public later this week.
Volkswagen Financial Services UK states that the company has taken a “robust and responsible” approach to the provisions.
