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Transcripts For BBCNEWS Breakfast 20240705

be a thing of the past. and good morning. the frost and ice is not so widespread that but it will be another chilly, cloudy day. mostly dry. i will bring you all the details throughout the programme. good morning. it s friday, 12th january. our main story. the uk and united states have launched military action against houthi rebels in yemen. overnight, the royal air force took part in strikes against 60 houthi targets in 16 locations, following attacks on commercial shipping in the red sea. in a statement, rishi sunak described it as limited, necessary and proportionate action in self defence . louisa pilbeam reports. uk fighterjets launched their attacks on yemen from an raf base in cyprus overnight, directed by the prime minister tojoin us planes striking yemeni rebel targets. the results were captured on houthi television, showing these explosions and reporting significant damage in cities, including the capital, sanaa. yemen s houthi rebels are a tribal mountain mi ....

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Martin Lewis outlines what compensation car finance customers could receive

Martin Lewis has updated motorists about the FCA s car finance investigation with motorists expected to receive payouts later in 2024. ....

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Money Saving Expert's Martin Lewis says car finance tool has submitted one million complaint letters

Money Saving Expert's Martin Lewis says car finance tool has submitted one million complaint letters
lynnnews.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from lynnnews.co.uk Daily Mail and Mail on Sunday newspapers.

United Kingdom , Martin Lewis , Financial Conduct Authority , Discretionary Commission Arrangements , Money Saving Expert , Higher Purchase ,

Money Saving Expert's Martin Lewis says car finance tool has submitted one million complaint letters

Money Saving Expert's Martin Lewis says car finance tool has submitted one million complaint letters
kentonline.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from kentonline.co.uk Daily Mail and Mail on Sunday newspapers.

United Kingdom , Martin Lewis , Financial Conduct Authority , Discretionary Commission Arrangements , Money Saving Expert , Higher Purchase ,

Transcripts for BBCNEWS Breakfast 20240604 06:36:00

Widespread overcharging. this is all to do with what are called discretionary commission arrangements. basically, some car loan lenders allowed the car broker or dealer to choose or adjust the interest rate drivers were charged. some brokers were paid more in commission if the interest rate was higher, so there was an incentive to make the loan more expensive for customers. these arrangements were banned by the regulator in 2021. at the time, it said the ban would save drivers a collective £165 million a year. but the question is were drivers overcharged before the ban came in? 10,000 complaints have already been made and, because the regulator has decided in two examples there was overcharging, it now expects many more complaints that could make ....

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