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751 Search results for motor finance

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  • BMW 128ti review: The hot hatch we spent our own money on

    March 21, 2024

    Motoring journalist John Redfern liked the sporty BMW 128ti so much he decided to buy one. Here’s what convinced him to go all in

  • Secure Trust Bank hails record lending growth despite 24 per cent profit drop

    March 21, 2024

    Secure Trust Bank has posted record lending growth in 2023, while annual profit fell due to one-off charges.

  • Close Brothers plans to bolster finances by £400m for FCA motor finance probe

    March 19, 2024

    Close Brothers has outlined measures that could boost its capital position by around £400m as the merchant banking group faces potential compensation costs tied to a Financial Conduct Authority (FCA) review into historic unfair car loans.

  • Motor finance probe accelerates as FCA chief warns it’s ‘improbable we’ll find nothing’

    March 14, 2024

    The Financial Conduct Authority said it is looking to accelerate its probe into the motor finance market today as chief Nikhil Rathi warned that it is “improbable we will find nothing to report”.

  • Vanquis shares crater as bank issues profit warning amid surge in third-party claims

    March 11, 2024

    Shares in Vanquis Banking Group tumbled as much as 43 per cent on Monday morning after the specialist lender said it expects profit to come in "substantially lower" than analysts' estimates in 2024 from costs tied to restructuring and a surge in third-party claims.

  • Spring Budget 2024: Hunt confirms fuel duty freeze in boost for UK motorists

    March 6, 2024

    The government will spend £5bn on freezing fuel duty as part of the Spring Budget, in a major tax break for UK motorists

  • New car market has strongest February in 20 years as firms invest in fresh wheels

    March 5, 2024

    The UK's new car market has recorded its best February in two decades, according to the latest date from the SMMT.

  • ‘I have no doubts it’ll take many by surprise’: Nando’s hires motor finance veteran as UK chief

    March 5, 2024

    Nando's has hired a veteran of the motor finance industry as its new UK&I chief executive.

  • FTSE 100 close: London joins Nvidia fuelled rally following strong PMI

    February 22, 2024

    FTSE 250, which is more aligned with the UK's domestic market, was in the green around 0.27 per cent up, with Indivior's shares at +18 per cent.

  • Lloyds could face £3.5bn hit from FCA motor finance probe, analysts warn

    February 22, 2024

    A wide-ranging review of historic motor finance commission arrangements has rocked the UK’s banking sector.

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