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UK's highest court largely overturns ruling on auto finance payments
Britain's highest court Friday largely overturned a lower court's ruling that certain car finance agreements were unlawful, a decision likely to bring a sigh of relief among lenders and limit the scale of compensation payments.
Banks Brace for Key UK Supreme Court Ruling on Car Finance Commissions
The Supreme Court will give its ruling after 1535 GMT on Friday, after financial markets have closed in London. The court said: "No inference should be drawn from the timing of the hand-down (of the judgment) as to the outcome of the appeals."
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