Boss of City regulator accused of threatening consumer group over £9.1bn car loan scheme

September 1, 2026 · 7:16 am 1 sources

Image: The Guardian

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• Boss of City regulator accused of threatening consumer group over £9.1bn car loan scheme
  The Guardian · September 1, 2026 07:16
  FCA chief, Nikhil Rathi, warned of ‘adverse consequences’ if challenge made to settlement, court filings allege The boss of the UK’s financial regulator is accused of threatening a consumer group with “adverse consequences” if it blocked a £9.1bn compensation scheme meant to settle the motor…