Barclays seeks to appeal Ombudsman motor finance ruling June 30, 2025 After losing a court battle in December to challenge a decision by the Ombudsman regarding motor finance, Barclays is back in court this week to appeal
London’s Hippodrome Casino takes HMRC to court June 24, 2025 The Hippodrome Casino is at court today, seeking to overturn an 'unusual' ruling in a case over which method to use for the recovery of residual input tax
Motor finance woes could make Close Brothers the next takeover target June 19, 2025 Close Brothers has fought tooth and nail in the motor finance battle but analysts have warned regulatory pressures may make the lender vulnerable to a takeover as banking juggernauts look to snap up the competition. The bank has had a bruising 12 months with its stock sinking to lows of 185p in November. Shares have [...]
Aldi denied permission to appeal Thatchers court ruling June 12, 2025 Aldi has been denied permission to appeal against a court ruling that it infringed on the British cider brand Thatchers’ trademark with its cloudy lemon cider product. The Court of Appeal found against the discount supermarket giant in January after the family-owned cider maker launched a legal battle in 2022. Thatchers claimed that the supermarket [...]
Vodafone and EE back at court over Phones4U legal fallout May 22, 2025 Telecoms giants are "vigorously defending" against the Phones4U legal proceedings as the mammoth £1bn is back at the London court
Thames Water: Bonuses from £3bn emergency loan ‘withdrawn’ May 20, 2025 Hefty bonuses to Thames Water bosses that were carved out of a £3bn emergency loan have been “withdrawn” following backlash, the government has announced. Environment secretary Steve Reed said on Tuesday he was “very happy indeed that Thames have now dropped those proposals. It was the wrong thing to do. They have now withdrawn their [...]
Lloyds Bank boss: No evidence of harm in motor finance scandal May 20, 2025 Lloyds Banking Group’s chief executive faced a grilling from the Treasury Select Committee on Tuesday over the lender’s historical exposure to the motor finance market. Charlie Nunn, the bank’s boss, said there was “no evidence of harm” from the firm’s operations in the car financing market. The scandal in the sector headed to the Supreme [...]
Santander to spin off motor finance division from UK business April 22, 2025 Santander is poised to spin off its litigation-hit motor finance division as part of a major overhaul of its UK operations. The Spanish lender has sought permission from regulators to separate its car loan business, which is facing a near-£300m payout as part of the ongoing motor finance scandal, from the rest of its British [...]
Has the English court unlocked diplomatic immunity problems for the UK? April 17, 2025 Diplomatic immunity is under the spotlight after several embassies found themselves before UK courts and saw their immunity stripped away
Philip Green loses legal challenge over parliamentary privilege for court injunctions April 8, 2025 A legal challenge lodged by Sir Philip Green to curb parliamentary privilege to name individuals shielded by court injunctions has been rejected by the European Court of Human Rights (ECHR) Eight ECHR justices ruled on Tuesday that Article 8 – “Right to respect for private and family life” – had not been breached. The Strasbourg [...]