Search
00
GBAF Logo
trophy
Top StoriesInterviewsBusinessFinanceBankingTechnologyInvestingTradingVideosAwardsMagazinesHeadlinesTrends

Subscribe to our newsletter

Get the latest news and updates from our team.

Global Banking & Finance Review®

Global Banking & Finance Review® - Subscribe to our newsletter

Company

    GBAF Logo
    • About Us
    • Advertising and Sponsorship
    • Profile & Readership
    • Contact Us
    • Latest News
    • Privacy & Cookies Policies
    • Terms of Use
    • Advertising Terms
    • Issue 81
    • Issue 80
    • Issue 79
    • Issue 78
    • Issue 77
    • Issue 76
    • Issue 75
    • Issue 74
    • Issue 73
    • Issue 72
    • Issue 71
    • Issue 70
    • View All
    • About the Awards
    • Awards Timetable
    • Awards Winners
    • Submit Nominations
    • Testimonials
    • Media Room
    • FAQ
    • Asset Management Awards
    • Brand of the Year Awards
    • Business Awards
    • Cash Management Banking Awards
    • Banking Technology Awards
    • CEO Awards
    • Customer Service Awards
    • CSR Awards
    • Deal of the Year Awards
    • Corporate Governance Awards
    • Corporate Banking Awards
    • Digital Transformation Awards
    • Fintech Awards
    • Education & Training Awards
    • ESG & Sustainability Awards
    • ESG Awards
    • Forex Banking Awards
    • Innovation Awards
    • Insurance & Takaful Awards
    • Investment Banking Awards
    • Investor Relations Awards
    • Leadership Awards
    • Islamic Banking Awards
    • Real Estate Awards
    • Project Finance Awards
    • Process & Product Awards
    • Telecommunication Awards
    • HR & Recruitment Awards
    • Trade Finance Awards
    • The Next 100 Global Awards
    • Wealth Management Awards
    • Travel Awards
    • Years of Excellence Awards
    • Publishing Principles
    • Ownership & Funding
    • Corrections Policy
    • Editorial Code of Ethics
    • Diversity & Inclusion Policy
    • Fact Checking Policy
    Original content: Global Banking and Finance Review - https://www.globalbankingandfinance.com

    A global financial intelligence and recognition platform delivering authoritative insights, data-driven analysis, and institutional benchmarking across Banking, Capital Markets, Investment, Technology, and Financial Infrastructure.

    Copyright © 2010-2026 - All Rights Reserved. | Sitemap | Tags

    Editorial & Advertiser disclosure

    Global Banking & Finance Review® is an online platform offering news, analysis, and opinion on the latest trends, developments, and innovations in the banking and finance industry worldwide. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.

    1. Home
    2. >Finance
    3. >UK's Close Bros granted permission to appeal motor finance ruling
    Finance

    UK's Close Bros Granted Permission to Appeal Motor Finance Ruling

    Published by Global Banking & Finance Review®

    Posted on December 11, 2024

    1 min read

    Last updated: January 27, 2026

    Add as preferred source on Google
    The image illustrates the UK's FTSE 100 index performance amid the controversy over G7 loans to Ukraine backed by frozen Russian assets. This reflects the ongoing financial tension and geopolitical implications discussed in the article.
    UK's FTSE 100 and financial markets react to Russia's embassy statement on G7 loans to Ukraine - Global Banking & Finance Review
    Why waste money on news and opinion when you can access them for free?

    Take advantage of our newsletter subscription and stay informed on the go!

    Subscribe

    Quick Summary

    Close Brothers has been allowed by the UK Supreme Court to appeal a ruling on motor finance commission disclosures, affecting their business operations.

    Close Brothers Wins Right to Appeal UK Motor Finance Ruling

    (Reuters) - British lender Close Brothers on Wednesday said that it had been granted permission by the UK Supreme Court to appeal a ruling that needed motor finance brokers to fully inform customers about commissions when taking out car loans.

    The lender had paused writing new motor finance business in late October following the court ruling.

    (Reporting by Yamini Kalia in Bengaluru; Editing by Maju Samuel)

    Key Takeaways

    • •Close Brothers can appeal a motor finance ruling.
    • •UK Supreme Court granted the appeal permission.
    • •The ruling involves commission disclosures by brokers.
    • •Close Brothers paused new motor finance business.
    • •The appeal impacts car loan commission transparency.

    Frequently Asked Questions about UK's Close Bros granted permission to appeal motor finance ruling

    1What is the main topic?

    The main topic is Close Brothers' appeal to the UK Supreme Court regarding a motor finance ruling on commission disclosures.

    2Why did Close Brothers pause their motor finance business?

    Close Brothers paused their motor finance business due to a court ruling requiring brokers to disclose commissions.

    3What does the appeal involve?

    The appeal involves a ruling that mandates motor finance brokers to inform customers about commissions on car loans.

    More from Finance

    Explore more articles in the Finance category

    Image for KKCG Maritime sweetens offer for raising stake in Italian yacht maker Ferretti
    Kkcg Maritime Sweetens Offer for Raising Stake in Italian Yacht Maker Ferretti
    Image for Unilever sued for defamation by ousted chair of Ben & Jerry's board
    Unilever Sued for Defamation by Ousted Chair of Ben & Jerry's Board
    Image for Europeans to press US over Russian support for Iran
    Europeans to Press US Over Russian Support for Iran
    Image for Trading Day: Sell everything (except oil)
    Trading Day: Sell Everything (except Oil)
    Image for Exclusive-US deploys uncrewed drone boats in conflict with Iran
    Exclusive-US Deploys Uncrewed Drone Boats in Conflict With Iran
    Image for Rugby-English Prem to introduce "salary floor"
    Rugby-English Prem to Introduce "salary Floor"
    Image for EU reaches deal to fine online platforms importing products deemed unsafe
    EU Reaches Deal to Fine Online Platforms Importing Products Deemed Unsafe
    Image for Ukraine using strikes to pressure Russia after oil sanctions eased, Zelenskiy says
    Ukraine Using Strikes to Pressure Russia After Oil Sanctions Eased, Zelenskiy Says
    Image for BoE's Taylor says rates should be held until war impact on economy is clearer
    BoE's Taylor Says Rates Should Be Held Until War Impact on Economy Is Clearer
    Image for UBS halts withdrawals from $469 million real estate fund for up to 3 years
    UBS Halts Withdrawals From $469 Million Real Estate Fund for up to 3 Years
    Image for Hungary government accuses journalist of spying for Ukraine
    Hungary Government Accuses Journalist of Spying for Ukraine
    Image for Dutch court orders xAI, Grok not to create, distribute non-consensual sex images in Netherlands
    Dutch Court Orders XAI, Grok Not to Create, Distribute Non-Consensual Sex Images in Netherlands
    View All Finance Posts
    Previous Finance PostFuture Pandemic Could Cause $13.6 Trln Economic Loss -Lloyd's of London
    Next Finance PostSterling at Strongest on Euro Since March 2022, Eyes pre-Brexit Levels