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The UK Financial Conduct Authority (FCA) has published a statement informing firms, consumers and stakeholders of next steps in its review of the past use of motor finance discretionary commission ...

The U.K. Financial Conduct Authority has published a consultation on further temporary changes to handling rules for motor finance complaints. The FCA explains that following the Court of Appeal's ...

LONDON, Oct 15 (Reuters) - Barclays (BARC.L), opens new tab on Tuesday asked London's High Court to overturn a key ruling on motor finance commission in a case expected to affect a potential billion ...

The UK’s financial watchdog sought to rein in the spiraling motor finance saga, saying at the start of a closely-watched Supreme Court hearing that a previous ruling on compensation “goes too far.” At ...

Dec 3 (Reuters) - Britain's financial regulator will lift the pause on handling motor finance complaints on May 31, 2026, two months earlier than initially proposed, as it finalises a compensation ...

FirstRand Ltd. said the fate of its UK unit remains in the balance as it awaits a final ruling over the amount of compensation banks have to pay to consumers over claims they were missold car loans.

Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The UK’s main financial regulator plans to cut up to £1bn from the compensation owed by carmakers over their in ...

Investors will be hoping UK banks will report solid earnings as lenders await the outcome of a critical court judgment that could unleash a major car finance compensation scheme. Lloyds Banking Group ...

Shares in Lloyds Banking Group and Close Brothers are expected to rally as markets open on Monday after the Supreme Court’s landmark motor finance ruling last week. Analysts at Jefferies said Lloyds ...