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Feb 17, 2025 | News

Reeves' intervention in car loans case rejected

Chancellor Rachel Reeves' attempt to intervene in a landmark case over controversial car loans has been blocked by the UK's highest court.

The Supreme Court case set for April will rule on whether lenders should have clearly told customers how much commission they were making from selling car loans.

 

The Court of Appeal ruled last year that lenders should have been clearer, but the lenders are appealing this ruling in April's case.

 

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*Source  - BBC News