Millions of motorists mis-sold car finance deals could receive average payouts of around £700, under a compensation scheme announced by the Financial Conduct Authority (FCA) on Tuesday. The regulator estimates that 14 million finance agreements between April 2007 and November 2024 were affected by unfair commission practices, leading to an expected £8.2 billion in redress and a potential £11 billion total bill once administrative costs are included.
If you used the ParkMobile app to pay for parking at a meter several years ago, you might be getting a payment as a result of a data breach. Unfortunately, it's probably not an amount you'd expect for the inconvenience of having your data exposed. And while it's a comically low amount, don't spend it all in one place, because, well.... You're literally not allowed to.