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UK Supreme Court blocks government intervention in motor finance case

Cars on the motorway in the UK
Many vehicles in the UK are bought through a car finance arrangement. Photo: Anna Barclay/Getty Images

The top Court is set to make a decision in the case in April, and its implication could be far-reaching.

The UK’s Supreme Court has blocked an attempt by the government to protect the country’s motor finance industry from potentially paying billions of pounds in compensation to customers.

The government intervened after the Court of Appeal ruled last October it was illegal for motor finance lenders to pay a compensation