Premier League: What to look out for to avoid football ticket scams August 15, 2025 Football fans are being advised to beware of pressure tactics and to double check sender information to avoid falling victims to scams when buying match tickets for the upcoming Premier League season. It comes as football fans have lost £2.5m to scammers over the last two seasons, according to data from Lloyds in association with [...]
Liverpool fans face biggest Premier League ticket scam risk, data shows August 8, 2025 Football ticket scammers fleeced fans out of £2.5m across the last two seasons with the government issuing a warning ahead of the Premier League season. Victims lost an average £128 through ticketing scams, according to data released by Lloyds in association with the Home Office. It is estimated that there have been over 12,000 victims [...]
FCA boss rejects criticism of motor finance redress August 5, 2025 The head of the UK’s financial watchdog has pushed back at industry claims that the wide scope of the motor finance redress scheme is “impractical”. Nikhil Rathi, chief executive of the Financial Conduct Authority said: “We know it is difficult. But you can’t say the law has been broken and it is too difficult to [...]
‘Not the end of the story:’ Uncertainty for motor finance lenders after court ruling August 5, 2025 Banking stocks may be revving up on the back of a legal win but motor finance lenders might find there is still trouble lurking under the bonnet. City banks dodged a £44bn liability after the Supreme Court upheld the appeal of two banks in the historic car-misselling case. On Friday, Close Brothers and First Rand [...]
Motor finance ruling hands City banks £7bn stock boost August 4, 2025 The FTSE 100’s banking giants added billions to their market value on Monday after a hefty boost from the Supreme Court’s motor finance ruling. Lloyds Banking Group bolstered its market capitalisation by over £3.5bn after a seven per cent surge to a five-year high on the back of the top Court’s ruling last Friday. The [...]
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 [...]
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.
Rachel Reeves could use bank windfall tax to plug Labour’s U-turns July 31, 2025 Rachel Reeves could launch a fresh tax grab on banks to plug the spending holes left by Labour’s recent U-turns, new analysis has found. The Chancellor is poised to hike taxes in the Autumn Budget after a series of government policy switches eroded her already wafer-thin fiscal headroom of £9.9bn. This comes as fresh research [...]