Millions of motorists should be paid compensation next year for the mis-selling of car loans, the UK's financial regulator has told MPs. The payouts are over commission arrangements between lenders ...

The Financial Conduct Authority has announced that 14 million customers could be due an average payout of £700 for mis-sold ...

The UK’s car finance mis-selling scandal is set to cost lenders £11bn, making it the biggest compensation scheme since PPI.

LONDON (Reuters) - The government needs to limit compensation paid to customers mis-sold loan insurance, John Cridland, director-general of the Confederation of British Industry, wrote in the Times on ...

The Financial Conduct Authority has unveiled plans for a £9bn compensation scheme covering 14 million car finance agreements, ...

Millions of motorists may soon receive part of an £8.2 billion compensation fund after the Financial Conduct Authority (FCA) ...

LONDON (Reuters) - Britain's financial regulator is considering putting a deadline on bank customers claiming compensation for being mis-sold insurance on their borrowings, sources familiar with the ...