Barclays first major UK lender to offer early car finance mis-selling payouts

Barclays will begin compensating customers for mis-sold car loans this month, ahead of a legal ruling on an industry-wide scheme. This breaks from the sector's wait-for-litigation stance, potentially accelerating payouts and setting a precedent for other lenders. The move could crystallize costs for Barclays and pressure peers, with implications for UK consumer banking earnings and regulatory risk.

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