> Indian Insurance: UK Motor Finance Scandal to Cost Lenders $12 Billion

Thursday, April 2, 2026

UK Motor Finance Scandal to Cost Lenders $12 Billion

The motor finance industry must pay around 9.1 billion pounds ($12 billion) to compensate UK motorists for unfair vehicle loans under the market regulator’s trimmed, final bill for one of Britain’s costliest financial mis-selling scandals. The headline number, unveiled by …

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