BMW’s UK motor finance arm has dramatically increased the amount it has set aside to cover potential compensation for mis-sold car loans, underlining the mounting cost of the scandal for lenders, the finance press has reported. In accounts filed at Companies House, BMW Financial Services said it had “set aside a provision worth £206.9 million by the end of 2024 to cover historic motor commission claims,” compared with £70.3 million a year earlier, according to reports by The Times and The Independent. Th ...