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Financial Conduct Authority

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City regulator unveils car loan compensation scheme worth up to £18bn

Sourced report

theguardian.com1 year ago

City regulator unveils car loan compensation scheme worth up to £18bn

FCA says motorists should start to receive payments in 2026 with ‘most individual payouts likely to come in under £950’

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Car finance scandal: UK supreme court poised to give ruling on hidden commissions

Sourced report

theguardian.com1 year ago

Car finance scandal: UK supreme court poised to give ruling on hidden commissions

Verdict could could pave way for millions of motorists to claim compensation for mis-sellingThe UK’s highest court is poised to give its verdict on the £44bn car finance scandal, which could...

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