UK's Close Bros granted permission to appeal 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)