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July Sees Energy Price Cap Cut, DVSA Test Booking Review and Imminent Car Finance Ruling

The new £1,720 energy price cap is live, feedback on driving test booking proposals closes July 23, with the FCA set to confirm a redress scheme within six weeks of a Supreme Court decision.

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Overview

  • The energy price cap for a typical household has been reduced from £1,849 to £1,720, saving around £129 a year and lowering home electric vehicle charging costs.
  • On July 1 the DVSA launched a consultation on three options for driving test bookings, inviting learner drivers and instructors to submit feedback by July 23.
  • The Supreme Court is expected to issue its long-awaited verdict on banned discretionary commission practices in car finance, a case that could affect millions of motorists.
  • Once the judgment is delivered, the Financial Conduct Authority has six weeks to decide whether to introduce a redress scheme for consumers impacted by the car finance scandal.
  • The FCA’s moratorium on final responses to motor finance non-DCA commission complaints remains in effect until after December 4, 2025, preserving current complaint handling rules.