Rachel Reeves’ Budget was ‘monumentally mishandled,’ says London-listed bank December 11, 2025 A London-listed bank has given its scathing assessment of Rachel Reeves’ second Autumn Budget and warned of the impact it will have on consumer confidence. S&U – which was founded in 1938 and once known as Sports and Utilities – said the performance of its motor finance and property financing arms was “remarkably resilient given [...]
How Natwest, Lloyds, Barclays and HSBC fired up the FTSE 100 in 2025 December 9, 2025 If 2025 was supposed to be the year of the AI bubble, nobody told Britain’s banking giants. Amidst the noise of the US tech boom, the UK’s FTSE 100 banking heavyweights, Natwest, Lloyds, Barclays, and HSBC, have staged a formidable, if understated, rally. Lloyds delivered an astonishing 75.8 per cent gain, while Barclays surged 65 [...]
Paragon Banking chief eyes acquisitions after capital boost December 3, 2025 The boss of Paragon Banking Group has acquisitions in mind after the lender received a major tailwind from regulatory reforms this year. Nigel Terrington has said the loosening of banks’ capital requirement rules, known as MREL (minimum requirement for own funds and eligible liabilities), will open up further growth prospects for mid-cap lenders. The boss [...]
City watchdog to lift motor finance complaints pause earlier than expected December 3, 2025 The City watchdog has lifted the cap on motor finance complaints following the landmark ruling from the Supreme Court over the summer. The Financial Conduct Authority said it would ditch the pause on complaints from 31 May 2026 – two months ahead of plan. In a letter sent to banking bosses, the FCA has also [...]
Banks to pay ombudsman more as Treasury crackdown costs £8m November 27, 2025 Banks will pay more to the Financial Ombudsman Service in the next year as the body strums up cash for its bill to meet the Treasury’s clampdown. Financial services will pay the FOS £86m in the 2026/27 financial year – an increase of £16m – under new proposals, which aim to beef up the Compulsory [...]
OLX Group Reports Record Profitability with 49% Margin and Strong 22% Revenue Growth November 24, 2025 OLX Group (“OLX”), a global online classifieds leader with nearly 60 million daily listings across seven markets1 and a subsidiary of Prosus, has reported strong financial results for the first six months ended 30 September 2025. Revenue grew 22% (17%2) year-on-year to US$473 million, from US$389 million in 1HY25. Adjusted EBITDA increased 52% (44%) year-on-year [...]
KBRA Releases 2025 European Structured Finance Symposium Recap November 17, 2025 KBRA releases a recap of the 2025 European Structured Finance Symposium, held in London on 14 November. The company hosted structured finance (SF) professionals at the May Fair Hotel to discuss key trends and developments shaping the SF market. This year’s symposium featured industry leaders across four panels, each moderated by a KBRA analyst. Discussions [...]
FinQuery Extends Lease Accounting Support to FRS 102 November 17, 2025 Trusted accounting automation platform helps organisations across the UK, Ireland, and EMEA strengthen reporting and prepare for 2026 compliance updates
Jaguar Land Rover: JLR loses almost £500m after cyber attack November 14, 2025 Jaguar Land Rover (JLR) lost almost £500m during the second quarter of its financial year as it battled the most expensive cyber attack in British history. The automotive giant has reported a loss before tax and exceptional items of £485m for the three months to 30 September, 2025. The figure compares to a profit of [...]
KBRA Releases Research – Heating up European ABS: Heat Pump Finance and Securitisation November 10, 2025 In this research report, KBRA examines how capital-markets funding could help bridge Europe’s heat pump investment gap. The EU aims to expand installed heat pumps to around 60 million units by 2030, up from roughly 26 million today. The analysis highlights how securitisation can provide a scalable funding channel for residential heat pump installations when [...]