April 3, 2025

motor finance scandal

Finance

Is Britain on the cusp of another multibillion-pound consumer finance scandal?

LONDON, April 1 — The Supreme Court of the United Kingdom will today hear arguments to overturn a judgment that could cost Britain’s financial industry billions of pounds in fresh legal costs and potential customer compensation. The Court of Appeal ruled in October that it was unlawful for lenders to pay commissions to motor dealers

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