Britain’s Compensation Culture Crisis: From PPI to Car Finance Scandals
Britain’s compensation culture has transformed dramatically since the 1990s, evolving from modest beginnings to multi-billion pound scandals. The latest car finance mis-selling crisis threatens to reshape the UK’s financial landscape and regulatory framework.
Britain’s relationship with compensation claims has undergone a dramatic transformation over the past three decades, evolving from a relatively modest legal landscape to a multi-billion pound industry that continues to reshape the country’s financial and regulatory environment. This evolution has created significant challenges for businesses, regulators, and policymakers alike.