Ruling could unlock Millions more in Compensation Court of appeal ruling – 25th October 2024 New Judgment gives the opinion that it is/was unlawful for car dealers to accept commissions from lenders without obtaining informed customer consent. This ruling potentially better paves the way for widespread… Read More »Ruling could unlock Millions
Lloyds shares slump as analysts warn of £3.9bn motor finance bill Shares in Lloyds Banking Group and Close Brothers slump further on Monday after a landmark court ruling that could expose motor finance providers to billions of pounds in extra compensation. On Friday, the Court… Read More »Lloyds shares slump
Court sides with Consumers in Motor Finance Claims Landmark Ruling at the Court of Appeal In a landmark decision, the Court of Appeal has sided with consumers in the motor finance test case against major banks and lenders, including Close Brothers. The judges ruled that… Read More »Court sides with Consumers
Volkswagen settles initial ‘dieselgate’ claims with £193m payout Volkswagen has agreed to pay £193m to settle 91,000 legal claims in England and Wales linked to the “dieselgate” emissions scandal that rocked the German carmaker. The claimants will receive average payments of more than £2,100 each… Read More »Volkswagen £193m payout