Supreme Court Reverses Some Rulings on Unlawful Loans, Boosting Banks' Position

The Supreme Court has issued a ruling that partially reverses previous judgments declaring certain loans illegal, providing a favorable development for banking institutions. This decision comes amid ongoing legal debates over multi-billion-pound car loan controversies in the UK. The country's highest court is set to decide this Friday whether these disputed car loans were unlawful, potentially enabling millions of drivers to seek billions of pounds in compensation from banks.