U.K. Government Intervention in Car-Loan Court Ruling Seen as Unlikely -- Market Talk

Dow Jones

Jul 28

0900 GMT - The chances that the U.K. finance chief overturns the Supreme Court ruling on the car-loan probe to protect exposed banks are slim, Keefe, Bruyette & Woods say in a research note after reports suggested the treasury was considering such a move. The ruling on whether commission charged on car finance loans was lawful is set to land on Friday. Beneficiaries would include Lloyds Banking Group, Close Brothers, Santander UK and Bank of Ireland. "Whilst superficially attractive, we believe that the probability of such an intervention is low and would be an extraordinary step for any government in a free democracy," analysts Edward Firth and Elise Yu Ge write. It is almost unconceivable that the government would step in at the end of such a process and change the law to limit the plaintiff's rightful settlements, they say. (elena.vardon@wsj.com)

(END) Dow Jones Newswires

July 28, 2025 05:00 ET (09:00 GMT)

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The ruling on whether commission charged on car finance loans was lawful is set to land on Friday. Beneficiaries would include Lloyds Banking Group, <a href=\"https://laohu8.com/S/CBGPF\">Close Brothers</a>, Santander UK and Bank of Ireland. \"Whilst superficially attractive, we believe that the probability of such an intervention is low and would be an extraordinary step for any government in a free democracy,\" analysts Edward Firth and Elise Yu Ge write. It is almost unconceivable that the government would step in at the end of such a process and change the law to limit the plaintiff's rightful settlements, they say. (elena.vardon@wsj.com) \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  July 28, 2025 05:00 ET (09:00 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>U.K. Government Intervention in Car-Loan Court Ruling Seen as Unlikely -- Market Talk</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nU.K. Government Intervention in Car-Loan Court Ruling Seen as Unlikely -- Market Talk\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2025-07-28 17:00</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n     0900 GMT - The chances that the U.<a href=\"https://laohu8.com/S/TKKD.SI\">K</a>. finance chief overturns the Supreme Court ruling on the car-loan probe to protect exposed banks are slim, Keefe, Bruyette &amp; Woods say in a research note after reports suggested the treasury was considering such a move. The ruling on whether commission charged on car finance loans was lawful is set to land on Friday. Beneficiaries would include Lloyds Banking Group, <a href=\"https://laohu8.com/S/CBGPF\">Close Brothers</a>, Santander UK and Bank of Ireland. \"Whilst superficially attractive, we believe that the probability of such an intervention is low and would be an extraordinary step for any government in a free democracy,\" analysts Edward Firth and Elise Yu Ge write. It is almost unconceivable that the government would step in at the end of such a process and change the law to limit the plaintiff's rightful settlements, they say. (elena.vardon@wsj.com) \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  July 28, 2025 05:00 ET (09:00 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"SAN","symbol_name":"桑坦德银行","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2554472032","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2554472032","pubTimestamp":1753693200,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"0900 GMT - The chances that the U.K. finance chief overturns the Supreme Court ruling on the car-loan probe to protect exposed banks are slim, Keefe, Bruyette & Woods say in a research note after reports suggested the treasury was considering such a move. The ruling on whether commission charged on car finance loans was lawful is set to land on Friday. Beneficiaries would include Lloyds Banking Group, Close Brothers, Santander UK and Bank of Ireland. \"Whilst superficially attractive, we believe that the probability of such an intervention is low and would be an extraordinary step for any government in a free democracy,\" analysts Edward Firth and Elise Yu Ge write. It is almost unconceivable that the government would step in at the end of such a process and change the law to limit the plaintiff's rightful settlements, they say. ","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"SAN":"桑坦德银行","LYG":"劳埃德","BK4521":"英国银行股","BK4207":"综合性银行"},"translate_title":"英国政府不太可能干预汽车贷款法院裁决——市场讨论","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"LYG":0.9,"SAN":0.9},"content_text":"0900 GMT - The chances that the U.K. finance chief overturns the Supreme Court ruling on the car-loan probe to protect exposed banks are slim, Keefe, Bruyette & Woods say in a research note after reports suggested the treasury was considering such a move. The ruling on whether commission charged on car finance loans was lawful is set to land on Friday. Beneficiaries would include Lloyds Banking Group, Close Brothers, Santander UK and Bank of Ireland. \"Whilst superficially attractive, we believe that the probability of such an intervention is low and would be an extraordinary step for any government in a free democracy,\" analysts Edward Firth and Elise Yu Ge write. It is almost unconceivable that the government would step in at the end of such a process and change the law to limit the plaintiff's rightful settlements, they say. (elena.vardon@wsj.com) \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  July 28, 2025 05:00 ET (09:00 GMT)\n\n\n  Copyright (c) 2025 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}