Written Question·Treasury·UIN 72107

Cars: Loans

Tabled: 29 August 2025
Answered: 8 September 2025

Question

Richard Tice

Reform UKBoston and Skegness

To ask the Chancellor of the Exchequer, if she will hold discussions with the Financial Conduct Authority on the steps it is taking to ensure that all consumers who were mis-sold car finance are fully compensated.

Answer

Lucy Rigby
The Supreme Court has now clarified the law in relation to commission practices in the motor finance sector. The government respects the Supreme Court’s judgment and is working closely with the Financial Conduct Authority and Prudential Regulation Authori...

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