Barclays v the Financial Ombudsman Service: Why Barclays Is Doomed to Fail at the April 2025 Hearing On 1st April 2025, the financial world will witness a pivotal legal confrontation: Barclays v the Financial Ombudsman Service (FOS). The case is attracting considerable attention as it represents one of the most direct challenges to the authority […]

FCA Proposes Redress Scheme for Motor Finance Mis-Selling – Challenges and Consumer Action The Financial Conduct Authority (FCA) has today announced its intention to consult on an industry-wide redress scheme for customers affected by the motor finance commission scandal. This development stems from the upcoming Supreme Court hearing, which followed the widespread use of discretionary […]

Lloyds Sets Aside £1.2bn for Black Horse’s Motor Finance Scandal – A Genuine Provision or Industry Misdirection? Lloyds Banking Group has announced that it is setting aside a further £700m, taking its current provision close to £1.2 billion to cover potential liabilities arising from its motor finance division, Black Horse, in relation to the ongoing […]

Motor Finance Mis-Selling: The Tip of the Iceberg The motor finance mis-selling scandal is emerging as one of the UK’s biggest financial controversies, potentially surpassing PPI claims Millions Set Aside – But Nowhere Near Enough The motor finance mis-selling scandal has already seen lenders setting aside significant provisions to cover potential compensation claims. However, history […]