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Banks off the hook over hidden car finance commissions, UK's top court rules

By Sofia Gerace ( August 1, 2025, 16:20 GMT | Insight) -- Commission paid by UK banks to car dealers to secure financing agreements without customers’ informed consent is lawful, the country's highest court ruled today, dashing consumer hopes for billions of pounds of redress claims. The surprise judgment overturns two earlier rulings by the lower Court of Appeal, one against South African lender FirstRand and one against UK merchant bank Close Brothers.Commission paid by UK banks to car dealers to secure financing agreements without customers’ informed consent is lawful, the country's highest court ruled today, dashing consumer hopes for billions of pounds of redress claims....

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