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Evening Standard
Evening Standard
National
Henry Saker-Clark

Drivers should be ‘very pessimistic’ over car finance claims, say lawyers

Slater and Gordon the Financial Conduct Authority
Drivers should be ‘very pessimistic’ about getting any compensation, experts have warned (Gareth Fuller/PA) - (PA Archive)

Drivers should be “very pessimistic” about getting any compensation for taking out a car loan after a landmark ruling by the Supreme Court, experts have warned.

Industry analysts also said on Friday that banks will “breathe a sigh of relief” after the Supreme Court ruled they are not liable for hidden commission payments in car finance schemes.

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