With the FCA’s consultation on its proposed motor finance redress scheme now closed, the focus is shifting from policy design to practical delivery. Industry bodies have raised concerns around fairness, proport...
Author: Richard Pinch
Earlier this month, the FCA extended its motor finance redress consultation deadline to 12 December 2025. The regulator said the move reflects feedback from lenders, manufacturers and consumer groups that requi...
The Financial Ombudsman Service (FOS) has reported its highest case volumes in six years. In 2024/25, consumers lodged 305,726 complaints – a 54% increase on the 198,798 recorded in 2023/24, and the highest lev...
On Friday 1 August 2025, the UK Supreme Court issued a landmark judgment on commission arrangements in the motor finance sector. This ruling followed an earlier Court of Appeal decision that raised alarm across...