The chief executive of the Financial Conduct Authority (FCA) has said the body recognises the record keeping challenge for some firms that could be involved in a potential motor finance redress scheme ...

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) ...

The claimants were financially unsophisticated consumers who relied on car dealerships to arrange hire-purchase finance for second-hand cars. The dealerships acted as credit brokers, receiving ...

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 ...

When you purchase through links on our site, we may earn an affiliate commission. Here’s how it works. A long-awaited Supreme Court decision on hidden car finance commissions will be delivered next ...

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”.