FCA faces four lawsuits over £9.1bn compensation scheme for car loan victims | Motor finance

The UK financial watchdog is facing four legal challenges against its £9.1bn compensation scheme for victims of the motor finance scandal. The Financial Conduct Authority (FCA) said that it will defend the scheme “robustly” as the “fastest, simplest route for consumers and the most efficient way for firms to put things right”. The FCA confirmed…

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What is the Kardashev scale, and can we climb it?

As a long-time lover of science fiction, I’m very familiar with the old trope of a galaxy-spanning human civilization, thousands or even millions of planets strong. Watching Star Trek, Star Wars and Stargate made such a dizzying future seem almost inevitable. Humans are destined for the stars—right? We’ve certainly made our first steps in that…

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