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

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

The bank has set aside an additional £800m, saying the number of eligible claims is expected to be higher than previously ...

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

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 ...

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 ...