FCA prepared to tweak car loan compensation scheme after …
2 days ago · FCA prepared to tweak car loan compensation scheme after pushback, boss says The Financial Conduct Authority’s consultation on its proposed motor finance redress scheme …
MOTOR FINANCE UPDATE - Lloyds Banking Group
Oct 13, 2025 · Further to the recent FCA announcement and consultation paper on an industry wide redress scheme for motor finance, following the Supreme Court judgment handed down …
Motor finance lenders brace for legal battles amid redress spat
3 days ago · Monday,15 Dec 2025 12:27 PM GMT Motor‑finance redress has erupted into a full‑blown legal showdown. The UK’s Financial Conduct Authority (FCA) has ordered …
Lloyds Banking Group Allocates £1.2 Billion for Motor Finance ...
1 day ago · Lloyds Banking Group has announced a provision of £1.2 billion to cover potential compensation costs linked to motor finance commission arrangements, as its annual profit …
Lloyds Bank: Car finance claims are damaging Britain
Nov 5, 2025 · Banks will now be given an extra month to challenge the FCA’s plans, with the consultation deadline extended until Dec 12. Lloyds Bank and Santander have both previous …
Mis-Sold Car Finance Compensation 2025 - December 25 Payouts
December 2025 update on mis-sold car finance compensation. Check eligibility, expected payouts, timelines, and how National Claims helps you claim.
Firms given until December 2025 to respond to motor finance …
Dec 3, 2025 · Firms now have until after 4 December 2025 to provide a final response to non-DCAs, in line with the extension we have already provided for complaints involving DCAs. The …
Lloyds Bank – Market news
The Financial Conduct Authority (FCA) extended the deadline for firms to respond to complaints, it announced on Thursday, related to motor finance agreements without discretionary …
Lloyds Banking Group Warns of Extra Provision for Car-Loan Redress — Update
Oct 9, 2025 · Lloyds Banking Group's shares were dragged by the lender's warning that it would probably need to set aside more money to compensate customers as part of a probe into …
Lloyds Bank boss gives major update on car finance scandal
May 20, 2025 · Lloyds has issued a major car finance update, with millions of road users waiting to hear if they are owed compensation for their vehicles. The boss of one of the UK’s biggest …