Written Question·Treasury·UIN 25304

Cars: Loans

Tabled: 21 January 2025

Answered: 24 January 2025

Named Day

Question

Ben Lake

To ask the Chancellor of the Exchequer, what estimate she has made of (a) the number of people eligible for compensation and (b) the total cash value of the compensation owed under the ruling by the Court of Appeal from October 2024 that certain commissio

Answer

Emma Reynolds

This is a complicated issue and the government is working closely with the Financial Conduct Authority and Prudential Regulation Authority. The government is pleased that the Supreme Court will hear an appeal from 1-3 April and hopes that its judgment wil...

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