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In a partial win for lenders, the court rules they're not liable for hidden commission payments in car finance schemes.
Britain's highest court Friday largely overturned a lower court's ruling that certain car finance agreements were unlawful, a ...
Millions of drivers potentially owed compensation over hidden commission payments in car finance schemes could still be able to claim – but they need to “be patient” for a potential automatic ...
A group of lenders won a major reprieve in a pivotal UK car finance case, after the country’s top judges agreed that banks should only pay compensation in the most serious cases of motor finance ...
Lenders no longer face the prospect of having to pay £30bn to £40bn to aggrieved car buyers, but the industry still faces ...
Banks could still face claims for compensation for motor finance commissions, but the extent of the total bill facing lenders ...
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Motorists who bought vehicles on finance could still receive compensation though, as a second case is ongoing at the ...
The London Market Group (LMG), a collective body representing the specialist commercial re/insurance market in London, has published the results of its ...
The UK's Supreme Court will announce a long-awaited ruling on car finance commissions on Friday that could influence whether ...
When growth slows, governments often cut rules to attract investment, as the U.K. has in its financial services sector, which ...
The Financial Conduct Authority's (FCA) long-awaited new measures for tackling non-financial misconduct (NFM) in financial services are ...
Santander reported a 5 per cent decline in pre-tax profits, reaching £764 million for the first six months of 2025 ...
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