In a partial win for lenders, the court rules they're not liable for hidden commission payments in car finance schemes.

The UK's Supreme Court will announce a long-awaited ruling on car finance commissions on Friday that could influence whether major banks face a multibillion-pound compensation bill. British lender Close Brothers and South Africa's FirstRand want to overturn a landmark Court of Appeal judgment,

The Supreme Court has given a boost to banks, their investors and the government by throwing out large parts of last year’s landmark car finance ruling that threatened to unleash a multibillion-pound surge of compensation claims.