Dossier
Compensation scheme
Coverage of Compensation scheme in the Nexus archive.
- FCA faces four lawsuits over £9.1bn compensation scheme for car loan victims
The UK's Financial Conduct Authority (FCA) is facing four legal challenges against its £9.1bn compensation scheme for victims of the motor finance scandal. The FCA claims the scheme is the 'fastest, simplest route for consumers,' but the lawsuits from Consumer Voice and three lenders have created uncertainty for millions of affected individuals.
- Infected blood scandal compensation to rise
The UK government has allocated an additional £1bn for compensation payments to victims of the infected blood scandal and their relatives, including £35,000 extra for former Treloar pupils. The final report on the NHS treatment disaster was published in May 2024, but the compensation scheme remains controversial.