Chancellor intervenes in landmark car loan mis-selling case to shield lenders

Chancellor Rachel Reeves has taken action to protect car loan providers from potential multibillion-pound payouts in a pivotal mis-selling case, warning that the forthcoming Supreme Court judgment risks applying a 'sledgehammer to crack a nut'.

Jan 21, 2025 - 10:37
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Chancellor intervenes in landmark car loan mis-selling case to shield lenders
Chancellor Rachel Reeves has taken action to protect car loan providers from potential multibillion-pound payouts in a pivotal mis-selling case, warning that the forthcoming Supreme Court judgment risks applying a 'sledgehammer to crack a nut'.

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