N Shorts
Victims robbed of £4bn in ‘insulting’ car loan redress scheme, say claims firms
Financial Conduct Authority defends interest rate of 2.09% as critics criticise proposals as ‘hypocritical’Victims of the car loans scandal could miss out on more than £4bn in compensation if the City regulator ploughs ahead with plans for an “insulting” interest rate in its redress scheme, consumer groups and claims firms say.The Financial Conduct Authority (FCA) has been accused of offering a reduced rate of interest which will be added to compensation from banks for borrowers caught up in the car loan commissions scandal. Continue reading…

Technically enhanced content presented under fair use in public-interest journalism.

Listen:

↓ Download Audio


Discover more from Newz Quest

Subscribe to get the latest posts sent to your email.

By Vanshika

Meet Vanshika, a promising trainee at Newzquest.in, who plays a vital role in managing the news site’s operations with dedication and precision. With a strong interest in economics and data-driven insights, Vanshika focuses on analyzing economic trends to provide clear and timely news reporting. Her analytical mindset and eagerness to learn have made her an important contributor to the editorial process, enhancing content quality and aligning with the diverse expectations of Newzquest’s audience. Committed to continual growth, Vanshika actively deepens her understanding of the news landscape to offer nuanced insights on critical issues, helping foster a well-informed community.

Discover more from Newz Quest

Subscribe now to keep reading and get access to the full archive.

Continue reading