Supreme Court ruling could cost car lenders £30 billion - here's why

Car dealers have been playing financial middleman for years, pocketing secret commissions every time someone drives off the lot with a shiny new ride. Today, Britain's Supreme Court decides whether this cozy arrangement was actually legal - and the answer could make PPI look like pocket change.

The numbers are eye-watering. Banks have already tucked away nearly £2 billion just in case things go sideways, but analysts at Moody's think the real damage could hit £30 billion if the court sides with consumers. That's roughly the GDP of Luxembourg, except instead of a country, we're talking about c...