UK Car Finance Industry Faces $11 Billion-$13 Billion Mis-Selling Hit October 8, 2025 By Kirstin Ridley and Phoebe Seers Britain’s motor finance industry is on the hook for 8.2 billion to 9.7 billion pounds ($11 billion-$13 billion) to compensate...
UK’s FCA Says Lenders Face Minimum £9 Billion Bill on Car Loans August 4, 2025 By Lucca de Paoli The UK’s Financial Conduct Authority will consult on a redress scheme to guide firms on how they should compensate motor...
Lenders Get Reprieve in UK Motor Finance Case From Top Court August 1, 2025 By Jonathan Browning, Lucca de Paoli and Upmanyu Trivedi A group of lenders won a major reprieve in a pivotal UK car finance case, after the country’s top judges...
Is Britain on the Cusp of Another Multibillion-Pound Consumer Finance Scandal? April 2, 2025 By Sinead Cruise The Supreme Court of the United Kingdom will on Tuesday hear arguments to overturn a judgment that could cost Britain’s...
UK Supreme Court Starts Motor Finance Case With Billions on the Line April 1, 2025 By Jonathan Browning and Adelaide Changole A fight over UK motor finance and whether lenders should be on the hook for billions of pounds in compensation...