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FCA could scale back penalties for carmakers in £11bn motor finance scandal

By Benjamin Chiou

Date: Wednesday 18 Feb 2026

(Sharecast News) - The Financial Conduct Authority could soon announce a reprieve to carmakers in the upcoming £11bn motor finance compensation scheme, according to reports on Wednesday.
Car companies' in-house finance arms, known as captive lenders, may be exempt from having to pay some redress after banks and carmakers warned that...

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