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 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 [...]
UK bank profits in focus as lenders await critical motor finance court ruling July 20, 2025 Investors will be hoping UK banks will report solid earnings as lenders await the outcome of a critical court judgment that could unleash a major car finance compensation scheme. Lloyds Banking Group will kick off the sector’s half-year earnings with its results on Thursday, followed by NatWest Group on Friday. It comes at a significant [...]
Exclusive: Amazon Prime Day UK sales top £2bn despite consumer caution July 14, 2025 Amazon’s biggest UK shopping event on record has delivered a much needed adrenaline shot to Britain’s faltering retail sector – with online spending during its four-day Prime event topping £2bn for the first time. Consumers splashed out £2.08bn online between the 8th and the 11th July, driven by steep discounts on everything from baby toys [...]
Ofcom relaxes Royal Mail delivery targets to cut costs July 10, 2025 Royal Mail will be allowed to deliver first and second class letters more slowly after its delivery targets were slashed by the communications watchdog in a bid to cut costs. From the end of July, Britain’s postal service will be allowed to deliver second class letters on alternate weekdays, Monday to Friday, instead of six [...]
British and Irish Lions ticket prices teeter on verge of greed June 20, 2025 I love the British and Irish Lions but quite frankly the touring side is teetering on becoming a black hole of greed, pulling fans’ precious pennies and pounds into a vortex of commercial excess. Take Friday’s exhibition match against Argentina at Dublin’s Aviva Stadium. There were a number of single tickets still available just yesterday [...]
UK investigators arrive in India for plane crash June 14, 2025 UK air accident investigators have arrived in India as tributes continue to pour in for victims of the Air India plane crash. The Boeing 787 Dreamliner crashed shortly after take-off on Thursday in what is one of the deadliest plane accidents in terms of the number of British nationals killed. The aircraft struck a medical [...]
Iran retaliates after Israeli strikes target nuclear programme and military June 14, 2025 Iran has launched retaliatory missile and drone strikes on Israel, killing at least three people and wounding dozens, after a series of Israeli attacks on the heart of Tehran’s nuclear programme and armed forces. Israel’s assault used planes as well as drones smuggled into the country in advance, according to officials, to assault key facilities [...]
Premiership play-offs: Bath and Leicester to set up old school final June 6, 2025 The final day of the Premiership was a brilliant advert for English top-flight rugby, but this weekend’s play-offs will turn that up another notch. On Friday night runaway league leaders Bath take on local rivals Bristol Bears while, on Saturday, Leicester face Sale Sharks in the East Midlands. The Premiership semi-finals are always a series [...]