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 fin...
Source: [Guardian World](https://www.theguardian.com/business/2026/sep/01/boss-of-city-regulator-accused-of-threatening-consumer-group-over-91bn-car-loan-scheme)