August 12, 2025

car finance payouts

Finance

Martin Lewis issues warning over huge car finance compensation ruling

Martin Lewis has warned a car finance ruling expected today could have major ramifications for “consumer lending” and the wider economy, warning the outcome could do “more harm than good”. The Supreme Court will announce its decision on car finance discretionary commission payments this afternoon after weeks of deliberation. If the previous Court of Appeal

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Finance

Lloyds Bank boss gives major update on car finance scandal – customers feel ‘duped’

The boss of one of the UK’s biggest banks has claimed there is no evidence customers were “harmed” as a result of the ongoing car finance compensation scandal. Charlie Nunn, head of Lloyds Bank, stressed investigations had shown customers had not been unfairly treated despite a probe into the sector by the Financial Conduct Authority (FCA). 

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