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Business May 26, 2026

UMVA Exclusive: The Shocking Verdict—Why UK SMEs Must Ditch Buying and Switch to Business Car Leasing Now!

UMVA Exclusive: The Shocking Verdict—Why UK SMEs Must Ditch Buying and Switch to Business Car Leasing Now!

UMVA has learned that every growing SME faces a pivotal crossroads: should the company car be purchased outright or leased?

The UK’s financial watchdog has reduced the expected cost of compensating motorists caught up in the car finance mis-selling scandal by around £2 billion, as it unveiled its long-awaited final redress scheme, though the decision is unlikely to end the controversy.

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