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.
Skoda Fabia review: Czech, mate June 7, 2024 John Redfern spends a week with the Skoda Fabia, a sensible small car that majors on comfort, refinement and value for money.
Tandem Bank profitable for second year in a row as growth continues June 7, 2024 Tandem Bank has reported a jump in earnings and customer numbers.
Caffyns: Car dealer hit by plummeting value of second-hand vehicles June 7, 2024 Car dealers Caffyns has seen its pre-tax profit slashed after the value of second-hand vehicles fell significantly.
The car industry is wrong about private electric vehicle demand June 6, 2024 Falling demand from private buyers has dominated media headlines on EV's throughout this year. But experts argue the industry's figures are inaccurate.
‘We wrestle on’: S&U blames regulatory pressure for ‘significant’ profit hit June 6, 2024 S&U has said profit will come under pressure due to FCA changes in the near term.
Investec sets aside £30m for FCA motor finance review May 23, 2024 London-listed South African banking group Investec has set aside £30m to cover potential costs from a City regulator probe into unfair car loans that could leave the motor finance industry on the hook for billions in compensation fees.
Close Brothers shares drop as motor finance arm deals with two FCA reviews May 22, 2024 Shares in merchant banking group Close Brothers fell as much as 6.6 per cent on Wednesday morning as its motor finance business faces compensation costs tied to two market-wide reviews from the Financial Conduct Authority (FCA).