Motor finance: A timeline of the legal saga so far
You might be wondering what the Supreme Court ruling on Motor Finance is all about and where this high-profile case comes from in the first place. It started with three individuals who brought legal action against Close Brothers and South African FirstRand Bank over secret commissions in their motor finance arrangements. Amy Hopcraft sued Close Brothers, while Marcus Johnson and Andrew Wrench sued FirstRand Bank. Originally, each of these cases, like many more, was issued to local courts around England. However, it was these three cases that ended up at the Court of Appeal โ the second-highest court โ and were merged together for a hearing. Click the link below to read more on this story ๐ https://www.cityam.com/success-for-close-brothers-as-motor-finance-appeal-allowed/ Get more of City AM ๐ ๐ http://www.cityam.com X(formerly Twitter): http://twitter.com/CityAM Facebook: http://www.facebook.com/cityam Instagram: http://www.instagram.com/city_am LinkedIn: www.linkedin.com/company/cityam Produced by: Maria Ward-Brennan, Matt Kenyon, Joseph Curay Teneda, Emmanuel Nwosu #news #legal #business #businessnews #economy #economics #finance #financialnews #motorfinance #banking #bank #llyodsbank #barclays #santander #firstbank #supremecourt #treasury #uknews #ukeconomy #ukbusiness #ukfinance #closebrothers