First credit card companies were ordered to clean up their act – now car loans are coming under the spotlight as the financial regulator launches a new investigation into car finance. With 90% of new cars being purchased using finance deals, if the regulator does decide that loans have been mis-sold dealers could be liable for millions of pounds in compensation…

Meanwhile the opening shots have been fired in the BREXIT war with Brussels demanding an exit charge of €100bn and offering nothing in return for the multi millions the UK has poured into Eu – assets that we will have to leave behind! Like all too many divorces both sides have laid out initial demands that appear unreasonable. Hopefully common sense and cooler heads will ultimately prevail. But this game of high stakes poker doesn’t look good so far!

Simon & Jo will be covering all the current topics from 1pm this Friday on Channel Radio.

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