07:56 AM EST, 12/17/2024 (MT Newswires) -- Barclays ( JJCTF ) lost an appeal to overturn a UK court ruling that it is unlawful for car dealers to receive a commission from banks without the customer's consent, media outlets reported Tuesday.

The High Court dismissed the bank's challenge against a Financial Ombudsman Service ruling that it unfairly added a commission of 1,300 British pounds ($1,650) in relation to an auto loan, reports said.

Barclays ( JJCTF ) is planning to appeal, the reports said.

The bank did not immediately respond to MT Newswires' request for comment.