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…Motor finance, UK supreme court, Motoring, Business, Financial sector, Money, UK news, Law, Court of appeal, Financial Conduct Authority, Regulators, Banking, Banks and building societiesRead More

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