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Barclays loses key challenge over car-finance claims in UK court

( December 17, 2024, 12:21 GMT | Official Statement) -- MLex Summary: Barclays today lost a key court challenge on UK car-finance commissions. The bank wanted to overturn a decision made by the Financial Ombudsman Service, which found that in 2018 Barclays had mistreated a customer by paying a commission to a car-finance broker without disclosing such arrangement. The UK's High Court today dismissed the appeal.Judgment is attached....

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