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

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

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

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 ...

Close Brothers confirms 600 layoffs as motor finance redress costs drive a £65.5m loss. Read more on the UK lender's ...

Shares in Close Brothers dropped more than 12 per cent on Monday after short seller Viceroy Research said the bank had ...

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 ...