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Court of Appeal adjourns Barclays motor finance appeal pending UK Supreme Court decision in FirstRand/Close Brothers on broker commissions and fiduciary duties; FCA intervenes; potential mass redress

Published on: 03 July 2025

Published by a Law360 reporter
Legal News
Article summary

Justice Stephen Males said it was necessary to know what the Supreme Court will decide in a test claim expected ultimately to shape a potentially multibillion‑pound consumer compensation scheme, so Barclays’ challenge is heard on the proper legal footing. A three‑day hearing had been scheduled to start in the Court of Appeal on 1 July 2025, after Barclays in December 2024 failed in its bid to set aside an FOS decision that one customer was unfairly charged commission. However, Males J stated the Court of Appeal needs to understand how the UK’s highest court frames the landscape in a dispute involving two specialist motor finance groups—FirstRand Bank and Close Brothers. It is expected that judgment will be delivered in July 2025. Males J indicated Barclays’ challenge could restart in September 2025, subject to the Supreme Court’s ruling and any directions arising from that decision at the time...

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