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Shares in UK banks jump after car loan court ruling
Shares in UK banks jump after car loan court ruling
Economy
by  AFP

Shares in British banks rose on Monday after the country's top court spared the sector from the worst of feared compensation claims over controversial car loans. While the court upheld one of the three cases, it narrowed the overall grounds for claims, offering relief to banks that had been bracing for widespread payouts from millions of car buyers.