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United Kingdom's Financial Conduct Authority rules that around 12 million people are entitled to financial compensation

The United Kingdom's Financial Conduct Authority rules that around 12 million people are entitled to financial compensation after being mis-sold motor finance agreements between 2014 and 2024. The compensation scheme will see each motorist awarded around £829, costing car finance lenders a total of £9.1bn.

By Belfast Herald Staff Reporter1 min read

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BusinessUnited Kingdom's Financial Conduct Authority rules that around 12 million people are entitled to financial compensation

The United Kingdom's Financial Conduct Authority rules that around 12 million people are entitled to financial compensation after being mis-sold motor finance agreements between 2014 and 2024. The compensation scheme will see each motorist awarded around £829, costing car finance lenders a total of £9.1bn.

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