Lloyds Banking Group shares fall 1.42% premarket amid concerns over potential multibillion-pound compensation bill from UK Supreme Court ruling on car finance commissions.

Lloyds Banking Group Plc fell 1.42% in premarket trading, with the decline potentially linked to the upcoming UK Supreme Court ruling on car finance commissions. The ruling, expected after financial markets close on Friday, could lead to consumer claims of billions of pounds in compensation from banks, including Lloyds. This legal uncertainty has weighed heavily on the stocks of major players in the motor finance industry.