Michael Bills Interviewed on BBC News: Is the PPI Boom Behind Slowing Car Sales?

Michael Bills, managing director in Duff & Phelps’ Restructuring Advisory practice, was recently interviewed live on BBC News, commenting on how the slowdown in PPI claim pay-outs may be why UK car sales have seen their first annual fall in six years.

"The banks have paid out [about] £28bn pounds since 2011 which is now coming to an end,” Bills explains. 

"And we feel there's no real surprise as that's running its course, we are starting to see a softening in consumer demand for cars."

Read the article on the BBC News website.

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