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UK’s financial regulator signals changes to £11bn car finance redress plan

By Sofia Gerace ( February 18, 2026, 12:01 GMT | Insight) -- The Financial Conduct Authority has signalled that its proposed £11 billion car finance redress plan will change following industry consultation. The financial sector has lobbied the watchdog to ease its plan. The FCA is due to publish the final details of the redress plan in the coming weeks. The chief of Britain’s Financial Conduct Authority has signalled that its proposed £11 billion ($14.9 billion) car finance redress plan will change following industry consultation, saying the watchdog is ready to “adjust” its proposal....

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