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Legal

  • Close Brothers shares rocket after motor finance win

    August 4, 2025

    Shares in Close Brothers rocketed as markets opened on Monday after the bank won its landmark motor finance case at the Supreme Court. Shares in the FTSE 250 lender surged over 25 per cent during early trading, hitting a high of 500p. Close Brothers win Investors rushed to buy the shares after the Supreme Court [...]

  • Motor finance: Lloyds shares jump after ruling

    August 4, 2025

    Shares in Lloyds Banking Group and Close Brothers jumped in early deals this morning after the Supreme Court’s landmark motor finance ruling last week. Lloyds shares jumped 5.5 per cent in early deals to 80p – a five-year high. Shares in Close Brothers jumped 22 per cent. Analysts at Jefferies had said Lloyds shares would [...]

  • Inside SLB v BBF: Top lawyers, bitter barbs and the European Super League

    August 2, 2025

    Next week lawyers representing Super League Basketball clubs will lodge their response to a counter-claim from the British Basketball Federation, the latest move in a High Court legal battle that is giving the sport much-needed attention but for all the wrong reasons. In a nutshell, the BBF has stripped SLB of its licence to run [...]

  • Motor finance lenders still on the hook after Supreme Court ruling

    August 2, 2025

    A lukewarm win in the landmark motor finance case has allowed City banks to skirt a nightmare scenario, whilst still remaining open to a regulatory redress scheme. The Supreme Court found that the customers’ claims against the lenders couldn’t succeed based on fairness, known as equity, or tort, which refers to any wrongful actions worthy [...]

  • Relief for banks after lukewarm motor finance win

    August 1, 2025

    Lenders across the City are breathing a sigh of relief after today's landmark Supreme Court ruling, which upheld the appeals of two banks in the high-profile motor finance commission case.

  • Regulators crack down on ‘bad practice’ in motor finance claims ahead of ruling

    July 31, 2025

    The SRA and FCA teamed up to issue warnings over 'poor practices' in motor finance claims ahead of the Supreme Court ruling

  • Football clubs suffering from too few directors, report warns

    July 30, 2025

    All professional football clubs in England should be mandated to have at least three directors to prevent governance failings that threaten their existence, a new report warns today. The report, by LCP’s Sports Analytics and Advisory practice and governance specialists LawDeb, highlights worryingly small boards at many clubs in the top five divisions. Fourteen clubs [...]

  • Slater and Gordon sheds 150 jobs as it returns to profit

    July 30, 2025

    Law firm Slater and Gordon shed 150 jobs as it returned to profit during its latest financial year, it has been revealed. The Manchester-headquartered business has reported a pre-tax profit of £5.9m for 2024, according to new accounts filed with Companies House. The profit comes after the firm fell to a pre-tax loss of £2.9m [...]

  • Motor finance: ‘Nothing is certain’ as banks await historic ruling

    July 30, 2025

    The Supreme Court will hand down what could be the “most consequential ruling for lenders” in recent history on Friday in the dramatic culmination of the motor finance saga. In a twist, the highest court in the land surprised the market last Friday evening after updating its system with the information that it will announce [...]

  • UK businesses risk losing European trademarks by year-end

    July 29, 2025

    UK businesses may have their European trademark registrations revoked after 31 December if they cannot demonstrate that they are using them within the EU

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