Martin Lewis: FCA to announce motor finance redress scheme Tuesday

Martin Lewis: FCA to announce motor finance redress scheme Tuesday
@MartinSLewis: FCA to announce scheme

The UK Financial Conduct Authority (FCA) plans to release a statement regarding a proposed motor finance redress scheme shortly after markets close on Tuesday, 7 October 2025.

Martin Lewis shared this update on Twitter, emphasizing that further details will be available in full updates and the MSE weekly email.

The announcement is expected to take place around 5 p.m.

The FCA’s forthcoming statement comes amid intensified scrutiny of consumer finance practices—a landscape Martin Lewis has previously explored through analysis of firms influencing energy price cap predictions and their market impact. His recent advocacy for reforms at the Labour Conference 2025, including topics such as council tax and student loans, further contextualizes the significance of the regulator’s anticipated announcement.

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