Article 6Z1JG Car finance scandal: UK supreme court poised to rule on hidden commissions

Car finance scandal: UK supreme court poised to rule on hidden commissions

by
Mark Sweney
from World news | The Guardian on (#6Z1JG)

Verdict could could pave way for millions of motorists to claim compensation for mis-selling

The UK's highest court is poised to give its verdict on the 44bn car finance scandal, which could pave the way for millions of motorists to claim billions of pounds in compensation for mis-selling.

The supreme court judgment, which will be handed down after financial markets close at 4.35pm on Friday, will decide whether or not to uphold a finding by the court of appeal in October that hidden commissions paid to car dealers by lenders were unlawful.

Continue reading...
External Content
Source RSS or Atom Feed
Feed Location http://www.theguardian.com/world/rss
Feed Title World news | The Guardian
Feed Link https://www.theguardian.com/world
Feed Copyright Guardian News and Media Limited or its affiliated companies. All rights reserved. 2025
Reply 0 comments