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LONDON DAILY ARCHIVE

Does Britain face another multi‑billion‑pound consumer finance scandal?

Supreme Court ruling on car finance commissions may unlock huge liability

01 August 2025 · 23:54 UTC

Britain’s Supreme Court is set to deliver a landmark judgment on car finance commissions that could expose banks and finance firms to billions of pounds in consumer compensation, as major lenders have already earmarked nearly £2 billion pending the decision.