UK banks and claims management companies are preparing to launch legal challenges against an £11bn redress scheme for car ...

A decision on the UK’s long-awaited program on how lenders should compensate car buyers who were charged hidden commission ...

Close Brothers shares plunged after a short seller accused the UK specialist lender of not setting aside enough money to cover potential liabilities from the car finance mis-selli ...

A major investigation into car finance commission arrangements has prompted experts to warn that millions of drivers may have ...

UK drivers are increasingly going back through old car finance agreements, with more than 500,000 car finance eligibility ...

Shares in Close Brothers dropped more than 12 per cent on Monday after short seller Viceroy Research said the bank had ...

Lenders have avoided potentially having to pay compensation to millions of drivers, after the Supreme Court ruled they are not liable for hidden commission payments in car finance schemes, but some ...

The U.K.'s Supreme Court on Friday largely overturned a lower court's ruling that certain car finance agreements were unlawful. The decision likely brings a sigh of relief among lenders as it could ...

A major investigation into car finance commission arrangements could mean millions of UK drivers were overcharged – and some may now be able to claim compensation ...

Close Brothers is to axe 600 jobs by the end of next year as the bank grapples with the fallout from the UK car loan scandal.