FCA to publish its motor finance redress scheme, marking a key moment for dealers and lenders ahead of compensation rollout.

Financial Conduct Authority has confirmed a £7.5bn motor finance redress scheme, with 12.1 million agreements now eligible ...

The Financial Conduct Authority drops its motor finance redress strategy March 30 after markets close. The announcement caps ...

A decision on the UK’s long-awaited program on how lenders should compensate car buyers who were charged hidden commission ...

LONDON (Reuters) -Lloyds Banking Group's third-quarter profit fell by 36%, it said on Thursday, and it downgraded its performance guidance for the year to reflect an 800-million-pound ($1 billion) ...

With the FCA’s ongoing investigation into Discretionary Commission Arrangements (DCAs) and pivotal updates expected in May 2025, a recent Court of Appeal ruling has further shifted the balance in ...

FCA extends consultation to December 12 Final rules expected next February or March Industry called for more time to analyse market data Critics say proposed scheme too broad Nov 5 (Reuters) - Britain ...

Carmakers including Honda and BMW have temporarily halted sales to customers in recent days as the industry grapples with a motor finance scandal that lawyers have warned will be “bigger than PPI”.