The Court of appeal has reversed a decision that could have led to £ ##500 of compensation being paid to prospective customers with the former bank Northern Rock by the UK government . The court related to Northern Rock 's " Together loan " , and questioned the wording in past loan documents .
The Court of Appeal has reversed a decision that would have led to £258mn of compensation being paid to 43,000 borrowers with the former bank Northern Rock by the UK government. The case related to Northern Rock's "Together Mortgage", and questioned the wording in past loan documents.