Motor finance: untangling the Supreme Court’s decision – Law Society’s Gazette

Posted August 20th, 2025 in news by sally

‘On Friday, 1 August 2025, the Supreme Court gave its long-awaited judgment on the controversial issue of secret commissions, finding that commission payments were not bribes and dealers do not owe fiduciary duties when arranging motor finance – but where very large commissions have been paid, that may create an unfair relationship under the Consumer Credit Act 1974. This judgment is likely to have wide-ranging repercussions across the finance industry. ‘

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Law Society's Gazette, 19th August 2025

Source: www.lawgazette.co.uk