With VAT representing such a large proportion of UK tax revenue, it’s no surprise that HMRC should be focusing on it more closely, and the motor retail sector in particular is coming under scrutiny....

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Pendragon, the UK’s largest auto retailer, is refinancing using a fully underwritten rights issue as part of a move to improve its borrowing terms. The aim of the rights issue will be to raise...

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Used car supermarket, Motorsave Direct in Crewe has completed a refinancing deal to help fund expansion plans. The Cooperative Bank has re-financed an existing Barclays mortgage and provided an...

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