UK car finance industry faces major disruption as lenders halt deals ...
Oct 30, 2024 · The UK car finance industry faces turmoil after a landmark court ruling on commission disclosure. Major lenders pause credit services, raising fears of significant market disruption and possible financial fallout for banks.
Lord Bamford's £300m family windfall from JCB raises questions …
Oct 25, 2024 · Billionaire Lord Bamford's family secures a £300m payout from JCB following a 44% profit surge, as Labour signals tax hikes for the wealthy. With budget discussions looming, concerns grow over potential capital gains and property tax changes in the UK.
Reeves defends £4,400 heating claim for second home amid …
Sep 11, 2024 · Chancellor Rachel Reeves has faced criticism after justifying her decision to claim £4,400 in taxpayer-funded expenses for heating her second home, a day after MPs voted to scrap winter fuel payments of up to £300 for millions of pensioners.
Landmark Court of Appeal Ruling Promises £21bn Payout for …
Oct 25, 2024 · In a landmark victory for consumers, the Court of Appeal has ruled against PCP mis-selling in the Johnson v. Firstrand Bank case, paving the way for a £21bn payout. Learn more about this groundbreaking ruling and its impact on UK car finance.
UK interest rates ‘could fall as low as 2.75% in the next year ...
Oct 22, 2024 · Goldman Sachs predicts UK interest rates could fall to 2.75% by 2025, faster than market expectations, as inflation eases. Learn about the Bank of England's challenges ahead.
US-China trade war risks wiping £8.5bn from UK exports, warns …
Nov 15, 2024 · UK export growth could shrink by up to £8.5 billion over two years if a full-scale US-China trade war erupts, Allianz Trade has warned. A protracted trade conflict between the world’s two largest economies could severely impact the UK’s manufacturing sector, according to Allianz Trade, the trade credit division of the global insurance and investment manager Allianz, formerly known as ...
UK considers social media ban for under-16s as Minister orders …
Nov 20, 2024 · The Technology Secretary, Peter Kyle, has commissioned new research into the impact of social media and smartphone use on children, signalling that the UK may follow Australia’s lead in considering a social media ban for under-16s.
Trump’s tariff plans could cost UK economy £20bn, analysts warn
Nov 18, 2024 · Donald Trump’s proposals to impose hefty tariffs on goods entering the United States could deliver a £20 billion blow to the British economy, analysts have warned.
How Tony Bloom Went from Crunching Numbers to Making Billions
Sep 24, 2024 · Although he’s now best known for his work as owner of Brighton & Hove Albion, as well as holding a fearsome reputation in the world of poker, Tony Bloom’s foundation on the way to billionaire status was with an SME he founded in a unique space.
Premier Inn owner Whitbread to return £2bn to shareholders as it …
Oct 16, 2024 · Whitbread, Premier Inn’s parent company, plans to return £2bn to shareholders over five years while increasing profits by £300m, despite a fall in first-half profits.