The UK’s financial watchdog sought to rein in the spiraling motor finance saga, saying at the start of a closely-watched Supreme Court hearing that a previous ruling on compensation “goes too far.” At ...

The FCA will defend its motor finance redress scheme after legal challenges from lenders and a consumer group raise fresh ...

It comes weeks after UK's main financial watchdog, recently confirmed it would launch the £9.1bn consumer redress scheme ...

The high street lending giant reported pre-tax profits of £202 million for the first quarter, down from £358 million a year ago.

Dec 3 (Reuters) - Britain's financial regulator will lift the pause on handling motor finance complaints on May 31, 2026, two months earlier than initially proposed, as it finalises a compensation ...

By Kirstin Ridley and Sam Tobin LONDON, April 29 (Reuters) - Mercedes-Benz has become the fourth group to challenge a 9.1 ...

A decision on the UK’s long-awaited program on how lenders should compensate car buyers who were charged hidden commission will be announced on Monday after “fulsome” comments from borrowers and the ...

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) ...

Vanquis Banking Group (LSE:VANQ) confirmed it will not challenge the Financial Conduct Authority’s Motor Finance Redress ...

CA Auto Finance has been named exclusive financial services partner for AION Auto UK, as pre orders for its first model open.

Specialist lender says it expects its slice of £9.1bn compensation set by FCA to be about £320m Close Brothers shares surged on Wednesday after the UK bank declared it could “comfortably absorb” its ...