Mike Regnier, Santander’s chief executive, said that the car finance compensation scheme could hit consumers by restricting the amount of credit available to motorists - House of Commons/UK Parliament/PA Santander has called on Rachel Reeves to intervene over the £11bn car finance compensation scheme after warning it risks damaging the economy. The Spanish banking giant wants the Chancellor to help limit the number of drivers who can access the redress programme by narrowing its scope. It issued the ple ...