redress

Shares in U.K. lenders exposed to a probe into commissions on car loans rose after the country’s financial regulator said the scope and cost of a redress plan is set to be lighter than feared.

The group is continuing to assess the implications of the redress plan and is confident in its capital strength, it said.

It also means the total estimated cost of the redress will be at the lowest end of its estimate, at about £8.2bn.

These and other actions will hamper the ability of workers to fight unfair labor practices and obtain redress.

The Department for Business and Trade recently took over responsibility for delivering redress for sub-postmasters whose convictions were overturned by the courts, including Ms Skinner's case.