“The decision… follows numerous discussions with B.UK’s parent company, Penultimate Investment Holdings Limited (PIHL). The aim of these discussions, which were held over a long period and undertaken in good faith, had been to find a consensual solution and repayment of PIHL’s borrowing to Bank of Scotland.
George Lusty, the CMA’s senior director for consumer protection, said: “Over recent years, we have taken strong action to...
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