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Car dealership Lookers warns of FCA action over profits inflation

( November 25, 2020, 14:33 GMT | Official Statement) -- MLex Summary: UK car dealership Lookers has set aside more than 10 million pounds to cover a possible Financial Conduct Authority fine related to overstated profits and suspected fraud. Lookers has been under FCA investigation since June 2019 over its sale processes, the company said in its financial results today.The relevant extract follows. ...

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