Written Question·Treasury·UIN 97949
Motor Vehicles: Credit
Tabled: 8 December 2025
Answered: 16 December 2025
Question
Bambos Charalambous
Labour — Southgate and Wood Green
To ask the Chancellor of the Exchequer, what assessment she has made of the potential challenges of a motor finance redress scheme which does not fully reflect consumers’ actual financial losses.
Answer
Lucy RigbyIt is vital that consumers have access to motor finance to enable them to spread the cost of a vehicle in a way that is manageable and affordable. We want to see this issue resolved in an efficient and orderly way that provides certainty for consumers and...
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