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Treasury sought to cap motor finance payouts, court filings claim
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City AM
Treasury sought to cap motor finance payouts, court filings claim
The government sought to cap payouts in the motor finance scandal at a level lenders could absorb and the City regulator acted “unlawfully” in failing to protect consumers, new court filings seen by City AM allege. Both the Treasury and Financial Conduct Authority (FCA) are facing fresh scrutiny over the motor finance redress scheme as [...]
1 Sept, 08:00
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