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The Independent UK
The Independent UK
Business
Henry Saker-Clark

Motor finance compensation scheme set for legal challenge next February

The five companies under investigation have not been named (Alamy/PA) - (Alamy/PA)

Legal challenges to the £9.1 billion UK motor finance compensation scheme will be heard in court next February, the UK’s financial regulator has said.

The upper tribunal will hear the challenges from three lenders and the Consumer Voice advocacy group between February 16 and February 26.

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