Car finance scandal LIVE: Top UK court to rule on | Tech News
Speaking to the BBC, Martin mentioned: “If the Supreme Court upholds the Court of Appeals decision, the knock-on effects could be substantial on other forms of lending and the economy.
“To be sincere, it may shake the foundations of shopper lending within the nation, which means much less doable obtainable credit for a lot of.
“So much so that even I, and I try and champion consumers in the work that I do, have concerns. I’ve said this since day one in this case that it could do more harm than good.
“It’s due to this fact unsurprising that we’ve heard discuss that the Chancellor may even intervene with retrospective laws if the Supreme Court have been to uphold in full what the Court of Appeal says.”
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