Car finance threats highlighted as inflation reaches five-year high
Threats to car finance firms and demand for new and used cars have been highlighted once again after the Governor of the bank of England warned that inflation might peak at over 3% next month. Mark Carney told MPs on the Treasury Committee that such a rise “is something we have anticipated" because of the fall in the value of the pound in a meeting on Tuesday morning. His comments came as inflation reached its highest level for five years, the Consumer Prices Index (CPI) havi
