Paragon Bank confirms targets with business running ‘ahead of expectations’ July 30, 2024 FTSE 250-listed Paragon Bank said new business levels were running “ahead of expectations” as the lender remained on track for its full year targets. Paragon, based in Solihull in the West Midlands, is a major provider of loans to professional landlords with at least four properties. It also lends to medium-sized housebuilders seeking loans up to £35m. [...]
FCA to extend motor finance probe amid consumer tensions July 30, 2024 The FCA said it intended to set out next steps in its review into the past use of so-called DCAs in May 2025.
UK banking complaints hit 10-year high amid surge in third-party claims July 12, 2024 Official UK banking complaints have hit their highest level in a decade, partly driven by claims management companies that the financial ombudsman is trying to clamp down on.
Lotus Emeya review: Taking on the Taycan July 11, 2024 The new Lotus Emeya is a luxurious and searingly quick electric saloon aimed squarely at the Porsche Taycan. Tim Pitt drives it.
Over one million new cars registered in 2024 in post-pandemic record July 4, 2024 Data from the SMMT revealed the new car market grew 1.1 per cent in June as 179,263 vehicles rolled off factory lines.
Motor finance test cases against Close Brothers and Firstrand head to Court of Appeal July 2, 2024 A test case containing three cases relating to motor finance commission will be heard at the Court of Appeal this week.
London insurtech founder: ‘I don’t think there’s anywhere else we could do something like this’ June 25, 2024 London is perfectly positioned to become a world-leading destination for insurtech said the founder of Flock.
Green Flag hits record profit after price hikes for breakdown customers June 21, 2024 Breakdown recovery firm Green Flag saw its revenue leap last year as additional fees for customers helped to boost its bottom line, according to newly-published results.
Shawbrook to acquire high-end auto lender in bid to expand motor finance offering June 17, 2024 Challenger bank Shawbrook has struck a deal to acquire motor finance lender JBR Auto Holdings as it looks to expand its car loan offering.
Asda takeover: Meet the British supermarket giant’s new private equity owner June 10, 2024 Meet the new private equity owner of supermarket giant Asda after one half of the billionaire Issa brothers sold it his shares.