UK watchdog says unit of Non-Standard Finance enters administration
16/03/2022 10:07
March 16 (Reuters) - Britain's financial watchdog said on
Wednesday lending firm Loans at Home has entered administration
and will no longer be able to issue new borrowings.
The Financial Conduct Authority said the firm is part of the
British subprime lender Non-Standard Finance Group NSF.L and
is the only company in the group to have entered administration.
(Reporting by Sinchita Mitra in Bengaluru; Editing by Maju
Samuel)
((Sinchita.Mitra@thomsonreuters.com;))
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