
Millions of UK drivers could receive £950 each in car finance compensation scheme
The FCA plans a redress scheme that could pay millions of UK drivers up to £950 each for mis-sold car finance, with payouts starting as early…
Jamie Young is Senior Reporter at Business Matters, covering SME finance, employment law and Westminster policy since 2016. He has reported on every Budget and Autumn Statement since 2018, helped make sense of the 'covid era' and the bounce-back loan scheme from launch through the fraud investigations, and broke the magazine's coverage of the 2024 late-payment reforms. He joined Business Matters straight from completing his BA in Administration from Exeter University and is NCTJ-qualified. Reach him at jyoung@cbmeg.co.uk

The FCA plans a redress scheme that could pay millions of UK drivers up to £950 each for mis-sold car finance, with payouts starting as early…

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