In a partial win for lenders, the court rules they're not liable for hidden commission payments in car finance schemes.

Millions of UK drivers could receive car finance compensation from 2026 – but the payout is now much smaller than expected following a Supreme Court ruling.

Shares in British lenders surged on Monday after a Supreme Court ruling on motor finance claims last week went largely in their favour, although it still left banks facing billions of pounds of potential compensation claims collectively.