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Carmakers to win reprieve in £11bn UK finance scheme

Filed: Feb 18, 2026 at 1:00 AM ET
Summary: Regulator's planned climbdown follows lobbying by banks and car groups.
WHO: Carmakers, banks, car groups
WHAT: Reprieve in motor finance redress scheme
WHEN: Feb 18, 2026 at 12:00 AM ET
WHERE: UK
WHY: Lobbying by banks and car groups
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