U.K. Watchdog Likely to Cut Compensation From Car-Loan Redress Program, FT Says, Citing Sources

Dow Jones
02/18
 

--The U.K.'s financial regulator is set to cut up to 1 billion pounds ($1.36 billion) from a compensation owed by automakers over historical car loans in the country, the Financial Times says, citing unnamed sources.

-- The move comes after lenders and manufacturers cautioned that the 11 billion-pound redress compensation could stifle automotive investment in the country, FT reports, citing the sources.

--The Financial Conduct Authority told the FT it was currently reviewing stakeholder feedback and was yet to finalize the rules of the redress framework.

 

Full story: https://shorturl.at/S0qvU

 

Write to Anthony O. Goriainoff at anthony.orunagoriainoff@dowjones.com

 

(END) Dow Jones Newswires

February 18, 2026 03:49 ET (08:49 GMT)

Copyright (c) 2026 Dow Jones & Company, Inc.

應版權方要求,你需要登入查看該內容

免責聲明:投資有風險,本文並非投資建議,以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請,作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考,不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證,投資者應自行研究並在投資前尋求專業建議。

熱議股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10