Banco Santander is setting aside £295 million to cushion against potential legal costs and payments its UK unit faces in a car loans probe. The UK's Financial Conduct Authority (FCA) is considering giving lenders more time to respond to customer complaints regarding fixed commissions on their auto loans as it weighs expanding a monthslong probe into the matter. UK's Close Bros expects potential motor finance redress claims to hit 2025 guidance. The FCA is consulting on extending the time for motor finance complaints.