UK Supreme Court to rule on £44 billion car finance scandal
TL;DR Summary
The UK's Supreme Court has ruled against allowing claims for compensation related to hidden commissions in car finance, closing a major legal avenue for millions of motorists, though some claimants remain determined to pursue individual claims and the FCA is considering a compensation scheme.
- Car finance judgement 'a hard pill to swallow' BBC
- Chancellor’s attempt to intervene in car finance scandal branded ‘disgraceful’ theguardian.com
- Banks brace for key UK Supreme Court ruling on car finance commissions Reuters
- Top UK court to rule on car finance mega-scandal — with billions at stake CNBC
- Relief for banks as Supreme Court curbs £44 billion motor finance case politico.eu
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