UK Treasury says it respects motor finance ruling, will assess impact

ReutersAug 1, 2025 4:10 PM

LONDON, Aug 1 (Reuters) - Britain's finance ministry said on Friday it respected a Supreme Court ruling on car finance commissions which was likely to ease the fears of some banks about the extent of a redress scheme.

"We respect this judgment from the Supreme Court and we will now work with regulators and industry to understand the impact for both firms and consumers," a Treasury spokesperson said.

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