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 redress scheme to cost up to £18bn, FCA says August 3, 2025 The Financial Conduct Authority has confirmed it will consult on an industry-wide redress scheme following the Supreme Court’s motor finance ruling last Friday. The City watchdog is aiming to publish a consultation by early October, with total costs of the redress expected to be between £9bn and £18bn. The regulator said in June that any [...]
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.
SFO faces a crisis of confidence as old sins haunt Ephgrave’s tenure July 31, 2025 The Serious Fraud Office (SFO) is no stranger to bad publicity, but after yet another historic case comes back to haunt it, its reputation takes another battering.
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
Uber rivals handed major VAT boost by Supreme Court July 29, 2025 Rival taxi operators to Uber will not have to pay 20 per cent VAT on their profits outside London following a landmark Supreme Court ruling. The court has decided that private-hire operators do not enter into a contract with passengers and therefore are except from the tax. The ruling comes after US giant Uber brought [...]
The Macrons’ biggest battle will be against US defamation laws July 24, 2025 Breaking precedent, President Macron and Brigitte Macron filed a US lawsuit against right-wing podcaster Candace Owens.
UK Government response to alleged Russian elections interference upheld by ECHR July 22, 2025 The UK Government's response to alleged Russian interference in UK elections, including the 2019 general election, did not violate the right to free elections, rules top European court
Linklaters: Profit passes £1bn as partners set for record pay day July 22, 2025 Profit at Linklaters has surged past the £1bn for the first time as the law firm’s partners are set to share a record pay day. The London-headquartered firm, which dates back to 1838, has posted a pre-tax profit of £1.08bn for its year to 30 April, 2025, a rise of 14 per cent compared to [...]